by J.R. Dunn
For the adult lives of virtually everyone now living, the GOP has been the loser party. It got that way because of Franklin D. Roosevelt and Great Depression. Herbert Hoover, who had the unexcelled misfortune to be president when the 1929 crash occurred, responded with a grab-bag of interventionist policies — tight credit, higher taxes, expanded tariffs — that simply deepened the slump. Following the Bonus March fiasco, he retreated from public view, allowing himself to be caricatured as the “do-nothing” president, and was duly routed by FDR in 1932.
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