Now that he’s an official U.S. Senate candidate, Terrence Wall should really brush up on some basic American history, seeing as how he seems to think Franklin D. Rooseveltwas responsible for the Great Depression, despite the fact that most historians agree the Great Depression started with the sudden and total collapse of US stock market prices on October 29th, 1929, a day also known as Black Tuesday.
Here’s what T. Wall had to say about FDR’s role in causing the Great Depression:
The same holds true when FDR was President with his own party in control of Congress. The Great Depression wasn’t an accident; what would have been a bad recession was turned into the Great Depression by massive federal taxation and regulation, increased trade barriers, and huge reductions in economic liberty, thereby scaring off investor capital and risk taking.
While he was busy blaming FDR and Democrats for causing the Great Depression, T. Wall forgot one important point: FDR didn’t take office as President of the United States until March 4, 1933, just under four full years after the Great Depression started. In fact, it was a Republican, Herbert Hoover, who was president during the first 3+ years of the Great Depression, a fact T. Wall seems blissfully unaware of.
I’m just spit-balling, but shouldn’t someone who wants to be a United States Senator have a basic understanding of U.S. history? After all, even my fifth grader knows who the president was when the Great Depression started.
H/T to One Wisconsin Now.