The Great Depression was the result of government meddling in the economy. First with the Federal Reserve and the income tax, and then with Smoot Hawley and all the New Deal programs.
FDR was the greatest American douche bag of all time.
The depression started during Hoover, he was a douche bag also..
Hoover's programs were the start of all of FDR's counter productive government interference.
Coolidge decided to ignore the first warning signs of the depression, falling prices for farm products..Yet, it got him no where also..
So now another Republican is to blame?
Farm prices were low all through the 1920s, dumbass. In fact, food prices have declined steadily ever since the country began. They were abnormally high during WW I because all the warring powers were buying American farm products.
You know zip about American economic history, so you should stop pontificating on the subject.
It would be unfair to blame Coolidge for sharing the prevalent optimism of his time. In retrospect, however, it became apparent that his policies contributed to the stock market crash of 1929 and the Great Depression that followed. His fiscal policy encouraged speculation and ignored inequality, as the flow of dollars into the pockets of the wealthy helped tip the healthy investment of the mid-1920s into the gambling that followed. His hands-off regulatory policy took its toll especially in the financial arena, where the dangerous practice of margin trading was allowed to flourish unrestrained. And for all the heady growth of the 1920s, Coolidge's policies exacerbated the uneven distribution of income and buying power, which led to the overproduction of goods for which there were not enough affluent consumers.
Making matters worse, Coolidge failed to address the worsening economic plight of farmers. Many farm-state progressives embraced a panacea known as McNary-Haugenism, based on a proposal dating back to 1921 that would have established a government corporation to buy surplus crops at artificially set prices (to be held or sold abroad when market prices rose). Although the scheme might have shored up the depressed farm economy, it would have encouraged overproduction, hurt consumers, and posed dangers to the international system. Congress passed versions of the McNary-Haugen bill twice, but Coolidge vetoed them. Still he failed to champion any alternative legislation, thus worsening the farm crisis when the Great Depression struck.
Calvin Coolidge: Domestic Affairs | Miller Center
I know you Trump lovers think that govt. actions have immediate results, but they don't..It takes time for a system to be implemented and the reaction to occur...