Will Rogers Quotes
You can’t beat this prosperity thing.
The economy was terrific under the Republicans and it is always hard to run against a successful economy. However, the lack of meaningful regulation and corporate and financial dominance caused the economy to come crashing down in 1929. See Hoover’s description {603859},
Will Rogers, 1879-1935, American cowboy, actor, and humorist, Advice to Al Smith, the Democrat running against Herbert Hoover for the presidency in1928, Quoted by Terry Golway, Lecture, Washington DC, April 15, 2006
Sourced by: Eigen's Political and Historical Quotations
The statement was used later by Lyndon B. Johnson in his presidency. However the first President to brag about good economic times was Benjamin Harrison {618540}.
Actually the statement is not literally true though the exceptions are not numerous. People who sold their American common stocks before the 1929 stock market made money. The few people who bet against the U. S. Housing and Mortgage markets before the Meltdown of 2008, made a great deal of money. Over extended long periods, Biden’s statement is true.
- Born: November 4, 1879
- Died: August 15, 1935
- Nationality: American
- Profession: Actor, Vaudevillian, Cowboy, Columnist, Humorist, Radio Personality
William Penn Adair Rogers was an American stage and film actor, vaudeville performer, cowboy, humorist, newspaper columnist, and social commentator from Oklahoma. He was a Cherokee citizen born in the Cherokee Nation, Indian Territory.
