FDR enjoyed four consecutive bullish stock
markets in his first term,
The stock market bull was already underway
when FDR took office. There is some evidence that Alfred P. Sloan's
opinion that Hoovers' policies were good ones near the conclusion of
Hoover's presidency. If one were to agree with a highly successful
businessman, such as Alfred P. Sloan, one could argue FDR inherited
Hoover's success. However, the American voter does not know how to offset
time based constants and project dependent consequences. The Indicant's
opinion is that Alfred P. Sloan's thinking is more accurate than that of
the majority of American voters. He and his team never lost money through
seven economic recessions and the Great Depression. That suggests his
ability to figure things out was much higher than that of the average U.S.
voter in those years.
FDR's mommy had to bail him out of financial
difficulty before he became president. That suggests FDR did not know how
to figure out solutions to problems. FDR was also a pen pal with Benito
Mussolini, the creator of fascism. Of course, Mussolini, a career
politician, never created anything of value. He only created a system
whereby he enjoyed the good life.
Rather than taking it easy and enjoying
Hoover's successful policies, FDR started meddling with the economy. His
meddling made things worse. He fostered another recession