Current Events > Does Herbert Hoover remind you of Biden?

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TodorokiHayato
03/04/24 8:06:52 PM
#1:


We are slowly gearing ourselves for the Great Depression.

  • Housing market will crash
  • AI bubble will burst. What is up with NVIDIA? Way too overvalued
  • SPY will crash down to 300 levels
  • Corporations will increase executive pay while laying off workers
  • Government debt will only increase
  • Education is so competitive that every job almost requires a masters



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TimeForAction
03/04/24 8:07:36 PM
#2:


I dont remember Hoover
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K181
03/04/24 8:07:47 PM
#3:


No.

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MistyKnight
03/04/24 8:18:05 PM
#4:


This doesn't even make sense

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CADE_FOSTER
03/04/24 8:18:47 PM
#5:


mods pls ban this man
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bigtiggie23
03/04/24 8:21:48 PM
#6:


I was talking to ole Herb the other day and I remarked to him how much he is like that chap Joe. He was flattered.

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ItsNotA2Mer
03/04/24 8:22:33 PM
#8:


MistyKnight posted...
This doesn't even make sense


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B18Champ
03/04/24 8:22:33 PM
#7:


He reminds me of Carter.


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Ar0ge
03/04/24 8:23:21 PM
#9:


What does all that have to do with Biden?

Or Hoover?
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thronedfire2
03/04/24 8:28:25 PM
#10:


no I'm not 100 years old

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Arcanine2009
03/04/24 8:30:59 PM
#12:


Every job does not require a masters. lol. Unless you are a liberal arts major trying to do something in your field.

The standard is definitely a 4 year degree at least for decent paying jobs, and then you can work your way up.

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Heineken14
03/04/24 8:35:47 PM
#13:


MistyKnight posted...
This doesn't even make sense

He's saying it because Biden made the comparison of Hoover to Donnie.

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Kradek
03/04/24 8:38:45 PM
#14:


No, Biden is literally running against Hoover economics because it's what Republicans love and the only thing they truly support.

Biden is the first POTUS to directly invest into American society so heavily since FDR.

Also, the recession isn't coming.

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Doom_Art
03/04/24 8:40:38 PM
#15:


He reminds me of Truman

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SpawnShadow
03/04/24 8:44:00 PM
#16:


No. If anything, Biden's administration is reminding me of the Weimar German government from around the same time.
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EPR-radar
03/04/24 9:07:53 PM
#17:


Here's one important difference -- the Great Depression started in the first year of Hoover's term in office, and for the next 3 years Hoover applied great Republican public policy ideas to the problem, which amounted to (being charitable here) diddly/squat.

Back then, the total failure of a political party to be useful in times of crisis actually had consequences, and Republicans got absolutely hammered in the election of 1932

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The23rdMagus
03/04/24 9:08:51 PM
#18:


SpawnShadow posted...
No. If anything, Biden's administration is reminding me of the Weimar German government from around the same time.
Elaborate.

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Kradek
03/04/24 9:10:19 PM
#19:


The23rdMagus posted...
Elaborate.

He's probably talking about how the Weimar government, media and public didn't take the Nazi party threat as seriously as they should have.

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ForsakenHermit
03/04/24 9:10:25 PM
#20:


The AI bubble has barely even begun to form.

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SpawnShadow
03/04/24 9:21:03 PM
#21:


Kradek posted...
He's probably talking about how the Weimar government, media and public didn't take the Nazi party threat as seriously as they should have.
You got it exactly.
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Ubergeneral3
03/05/24 2:52:30 PM
#22:


AI isn't a bubble. Its a new technology.

Calling AI a bubble is like saying electricity is a bubble. That isn't how that works.

If there is a depression it won't be because of Biden. It will be because of 40 years of reganomics giving corporations, power to inflate, corrupt and privatize their business.

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Doom_Art
03/05/24 2:54:14 PM
#23:


SpawnShadow posted...
You got it exactly.
Is there anyone who isn't taking Trump and his ilk seriously?

Like maybe I'm in a bubble but I can't think of any members of government writing them off as fringe wackos like in 2016

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The_Korey
03/05/24 3:06:54 PM
#24:


Boy, the way Glenn Miller played...

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