Kevin_Kennedy
Defend Liberty
- Aug 27, 2008
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"Talking points" can be ideas, they can also be propaganda and nonsense. For three years President Hoover pretty much got out of the way and let recessions do what they do.
Which is, of course, entirely false. President Hoover upped the interventions into the market to unprecedented, until Roosevelt came along, lengths. Roosevelt actually ran his campaign against the interventions of Hoover.
Hoover's interventions were small, weak and not widely followed.
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Small and weak only compared to the monstrosity created later by Roosevelt.