Wednesday, July 15, 2020

88-year political cycle

Herbert Hoover, US President from 1929-1933

I am probably off-base on this but I like thinking outside the box and these are some possible parallels.

Woodrow Wilson, president from 1913 to 1921.  He led the US into WWI, and established an activist foreign policy that is known as "Wilsonianism".  Was a leading proponent of the "League of Nations", even though the US didn't join.  The depression of 1920-1921 occurred at the end of his presidency.
George W Bush, president from 2001-2009.  Interventionist foreign policy - launched a "War on Terror" and invaded Afghanistan and Iraq with the "Coalition of the Willing".  The Great Recession of 2007-2009 occurred at the end of his presidency.

Calvin Coolidge, president from 1923-1929.  (Warren G Harding was elected in 1920 but died of a heart attack in 1923).   While he was president the US had a period of rapid economic growth known as the "Roaring Twenties".
Barrack Obama, president from 2009-2017.  He signed the Recovery Act of 2009, which "kicked off the longest period of economic growth and job creation in American History" (Forbes).  [Note: This gives Obama credit for the growth that occurred under Trump, but I am talking about the perception that people have.]

Herbert Hoover, president from 1929-1933.  Held office during the onset of the Great Depression and the public blamed his administration for failing to recover from it.  He was very conservative and opposed New Deal policies.
Donald Trump, president from 2017-2021.  Held office during the onset of the COVID-19 Recession (as Wikipedia has labeled it) and is blamed by the public for failing to recover from it.  He was conservative in his politics.  He signed the $2 trillion CARES Act into law in an attempt to recover from the recession, but opposes further stimulus, like the HEROES Act.

Franklin Delano Roosevelt, president from 1933-1945.  Lead the New Deal, a series of programs and projects that vastly expanded the scope of the federal government and were largely opposed by Republicans.
Joseph R Biden, elected president in November 2020, inaugurated in January 2021, but served only two months before being forced to resign under the 25th Amendment because of the decline in his cognitive abilities.  His successor implemented the Green New Deal, which was a $10 trillion omnibus spending bill vastly expanding the scope of the federal government.

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