The United States economy is on the mend—but we are nowhere near out of the woods.
We are at roughly the same point, economically, as when Herbert Hoover intervened after the 1929 stock market crash in an attempt to “save” American jobs. Instead of saving jobs, however, the combined policies of Hoover and FDR pushed us into the Great Depression.
Today, Joe Biden’s tax and regulatory policies would repeat Hoover’s and FDR’s worst mistakes—with the same results.
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