Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
Best Of PoliticsBest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd
Search
Shrewd'm.com Merry shrewd investors
Search
Best Of PoliticsBest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd


The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
Answer this questionContinue to Shrewd'mThis note won't appear again
Halls of Shrewd'm / US Policy
Unthreaded | Threaded | Whole Thread (24) |
Author: Goofyhoofy 🐝 HONORARY
SHREWD
  😊 😞

Number: of 84357 
Subject: Re: America HATES Donald Trump
Date: 08/04/26 1:47 PM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 26
For what it’s worth, I remain flabbergasted why there still is 38% approval. Then again, I‘m European, hence clueless by definition about USian politics.

It’s a story I’ve told before, but I never tire of it.

Herbert Hoover was inaugurated President in March, 1929. In October, barely 8 months later, the market crashed. It continued crashing for months afterwards, a few false rallies stemming the tide for a day or two here and there. Factories actually began closing a month or two earlier, but accelerated apace with the drying up of capital in the markets.

Banks started failing in significant numbers a year later, and without FDIC insurance millions of Americans lost everything when over 9,000 banks failed in short order. Breadlines spread, food kitchens opened, suicide rates rose by 50% in the aftermath (though the myth of brokers jumping off buildings was not true).

Town squares were littered with homeless; tent cities appeared in the middle of cities and towns across the country; people walked around with their pants pockets turned inside out and called them “Hoover flags” to indicate how broke they were and who was to blame. Official unemployment, if there was such a thing, was 25%, but it was likely far higher as those statistics were not well tended, and in any event the workforce did not include two income families. Minority communities were devastated, and ethnic enclaves turned inwards, as there was no “outward employment” to be found.

And this continued every single day for three full years and then some , and when it was time for a re-election campaign, Hoover secured the Republican nomination, and got 40% of the vote. Imagine getting 40% of the vote after such as disastrous period. Yes, 40% of voters said “More of this, please.”

And you wonder how Trump managed 38%? It’s because there are truly 40% of people who are stupid. Not just dumb, but actively, incredibly, unable to think for themselves stupid. I suspect humanity has been that way since the beginning of time, which makes me agree with George Carlin that we are basically a failed species.

Depressing, no?
Post New | Post Reply | Report Post | Recommend It!
Print the post
Members reply directly to Goofyhoofy here — and replies get answered. Reading is free; so is joining the conversation. Join Shrewd'm »
This community has written 84,309 posts about US Policy. The article-length ones it recommended most:
It's going to get worse · 33 recs · 2025
G’day Donny · 30 recs · 2026
Old Related Story · 28 recs · 2026
HCR is a national treasure · 27 recs · 2025
Fascism in America · 27 recs · 2025
Unthreaded | Threaded | Whole Thread (24) |


Announcements
US Policy FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Best Of Politics | Best Of | Favourites & Replies | All Boards | Followed Shrewds | Open Questions | Moving a community