FDR endured three years of stock market bears
in his second term with only one bullish year,
As you can see from the above chart, the
stock market reflected the sloppiness of FDR economic meddling.
Politicians, for the most part, are 200-hitters, but their egomania leads
them to believe they are 400-hitters.
His policies fostered yet another recession.
Rather than taking it easy and enjoying Hoover's successful modified
policies, FDR continued meddling with the economy. His meddling made things
worse. He fostered another recession and several more years of a stock