Page added on March 28, 2005
James Howard Kunstler
March 27, 2005
Poor Herbert Hoover, the round-faced Stanford-educated wonderboy of the 1920s boom, who got elected president in 1928 on the strength of his performance as an economic management wizard, was corn-holed by the 1929 stock market crash and humiliated by several years of depression that followed it. Hoover’s reputation never recovered, and he lived a long life — another three decades — under a cloud of ignominy.
A similar, though probably much worse, fate now awaits George W. Bush. The Great Depression, however, was milder than what Bush (and America) now faces.
The Cluster#uck Nation Chronicle
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