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Romney and Hoover

Anybody else see the parallels?

by Everett Wilson
August 28, 2012

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Romney and Hoover

 

Let's remember that Herbert Hoover was smart, informed, experienced, and no  demagogue. Comparing him with the presumptive nominee of the Republican Party doesn't insult either of them.   

Hoover's credentials, like George Romney's today, appeared impeccable.  If anyone deserved to win the election of 1928, he did. Al Smith may have deserved it too, but that doesn't mean that Smith would have had a better chance of handling the  collapse of the world economy than Hoover. Both were blindsided, but Hoover was elected and bore the blame for what followed,  though he hadn't  caused it.    

In 1928 he didn't foresee the disaster about to overtake the world for the same reasons and non-reasons that others didn't. Hoover had become a very successful man playing by the rules that were in place when  he came to maturity in his profession  as a mining engineer and later as an appointed public servant. He knew as well as anyone, perhaps better than most, how to be President as long as those rules were in place. Few in those days were  listening to the Cassandras  predicting economic disaster.

 Why bother listening to prophets of doom? You don't have to deal with doom until it happens. You won't be ready for it, but then it may not  happen; so you won't have to be ready.  The public philosophy today  resembles that attitude. Besides, when disaster comes your careful plan for handling it will probably  be outdated  anyway.    

Today Governor Romney is  as confident as Hoover was when he predicted after his election that the end of poverty in America was at  hand; but instead of the end of poverty, Hoover got a ruined economy and a great depression.   In contrast, Romney  tells us with  confidence that he knows how to save America.  He has a plan!

The trouble is, he doesn't know, and neither does President Obama,  what he will have to do.  He doesn't even know what he will be able to do.  He cannot predict what resources will be available to him if he becomes President, or what options will be available if  the  rules  change on him.   

There is a  difference between 2012 and 1928, however,  if we are willing to face it.  Today nobody needs to be blindsided; we can accept as fact that things  are just as bad as they appear to be.  We also do not have to pretend that the candidates know the future, because they don't. 

So in the voting booth.  we must each choose the one  we trust most to get it right,  to know both  what he is doing  and why.   

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Dennis Thompson from Florida writes:
September 3, 2012
Its pretty obvious you have not read Mitt Romney's detailed plan that he put forth. Never has such a detailed plan been put forth by a candidate or nominee. Mitt is not an Engeneer. He is a businessman. In the failing businesses he took over, he saved 77% of them when the national averages for these ventures is a 20% success rate.

I could give you a long list of the effect of the President Bush tax cuts gave America 3 great years. If you were to look at Mitt Romney's list, you would see several ideas that will change our economy and put money in peoples pockets, money spent and thus creating more jobs through prosperity and need for more instead of fear and less money in ones pockets. Its not hard.

Deregulations properly put out, corporate taxes lowered, investment taxes lowered. It trickles down and has been proven. That is one part. The other part is fiscal responsibity. He wants a law in place where it is illegal for the Government to deficit spend. He balanced the budget in Mass by cutting 341 unecessary social programs. He will do the same as President.

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