Doctors and Economist Warn Trump Coronavirus Great Depression

History has shown that when a Democrat elected President dating back to the Great Depression era has been elected after a Republican President who presided over a economic depression or recession basically saved this country and brought it back from the brink.

History and historical facts prove this to be factual and one could follow these events and argue that the Republican policies contributed to the economic problems during these events.

The great depression started under Republican Herbert Hoover who held office during the onset of the Great Depression and held office from March 4, 1929 – March 4, 1933.

March 4 1929: Herbert Hoover became president. His laissez-faire economic policies did little to stop the Depression. He believed a free-market economy would allow the forces of capitalism to fix any economic downturn. As a result, he lowered the top income tax rate from 25% to 24%. The crowds on Wall Street, New York, after the stock exchange crashed.

June 17 1930: Hoover signed the Smoot-Hawley Tariff Act, which raised taxes on 900 imports. It originally was supposed to help farmers but ended up imposing tariffs on hundreds of other products. Other countries retaliated, setting off a trade war. As a result, international trade began to collapse. Dolly Gann (L), sister of U.S. vice president Charles Curtis, helps serve meals to the hungry at a Salvation Army soup kitchen on December 27, 1930.

February 1931: Food riots broke out in Minneapolis. The economy shrank 6.4%. The unemployment rate rose to 15.9%. Prices fell another 9.3%. People began to suffer the worst effects of the Great Depression. A line of men wait outside a soup kitchen opened by mobster Al Capone, Chicago, Illinois, February 1931.

June 27 1934: The Federal Housing Administration provided federal mortgage insurance. The Securities and Exchange Commission regulated the stock market. The FCC consolidated all federal regulation of telephone, telegraph, and radio communications. The economy grew 10.8% in response to the New Deal Programs. Unemployment fell to 21.7%. Prices rose 1.5%. The debt rose to $27 billion. Men stand in long lines for free food.

March 1937: A billboard, sponsored by the National Association of Manufacturers, on Highway 99 in California during the Depression. It reads ‘There’s no way like the American way’ and ‘world’s highest standard of living’.

My personal view of the Trump administrations handling of the Coronavirus Pandemic especially Trump wanting to end restrictions is horrifying and misguided to say the least.

You have the medical community and scientist all saying this is a huge mistake. The Republican Lt Governor of Texas says he is with Trump on ending restrictions even before the virus has peaked!
“WE CANNOT LET THE CURE BE WORSE THAN THE PROBLEM ITSELF” – President Donald J. Trump

‘Repulsive’: Outrage as Texas Lieutenant Gov. Says Seniors Willing to Risk Coronavirus Infection to Protect Economy
“This crisis is really laying bare the extent to which we are ruled by completely craven psychopaths.”
https://www.commondreams.org/news/2020/03/24/repulsive-outrage-texas-lieutenant-gov-says-seniors-willing-risk-coronavirus

Texas Lt. Governor: Old People Should Volunteer to Die to Save the Economy
According to Dan Patrick “lots of grandparents” are willing to sacrifice themselves for the cause.
https://www.vanityfair.com/news/2020/03/dan-patrick-coronavirus-grandparents

What has happened so far even if the virus is gone tomorrow it will still have a huge impact on the economy for many many weeks, months and maybe years to come.

We have now had the economy shut down for weeks already with many businesses closed down with mass layoffs that in the weeks to come will show a huge spike in unemployment numbers and loss of production throughout this country. A look at history proves this to be the case.

There is so much that we can’t foresee going forward of the impact to the economy, not being considered at this point. There will be bankruptcies with businesses and homeowners’ losing their homes the likes we haven’t seen since the Great Depression and might even be worse.

The novel Coronavirus will devastate the global economy, and failure to rein it in risks a worse downturn than the Great Depression, economist Nouriel Roubini warned in a Project Syndicate column on Tuesday.

“The best economic outcome that anyone can hope for is a recession deeper than that following the 2008 financial crisis,” the professor at New York University’s Stern School of Business said.

Roubini argued the pandemic’s fallout in three weeks has surpassed the economic toll of the financial crisis and the Great Depression over three years.
https://markets.businessinsider.com/news/stocks/coronavirus-could-spark-greater-depression-dr-doom-nouriel-roubini-warns-2020-3-1029027839

Coronavirus Economic Damage is ‘Worse even than the Great Depression’
The Great Depression vs. Coronavirus Recession: 3 Metrics That Will Determine How Much Worse It Can Get

As the United States enters recession territory and investors say goodbye to an 11-year bull market, comparisons to the Great Depression—the worst economic downturn in American history—are inevitable, but how does that comparison actually stack up?

Peak unemployment during the Great Depression reached a staggering 24.9% in 1933, according to the Bureau of Labor Statistics; in 1929, just four years prior, unemployment was just 3.2%. Federal Reserve Bank of St. Louis President James Bullard told Bloomberg that the U.S. unemployment rate could hit 30% next quarter.

Mass layoffs have already started prior to this Pandemic with the Trump trade wars and his tariffs’ here in Michigan with the permanent closure of two U.S. Steel plants in Ecorse and River Rouge has cost thousands of good paying jobs for Michigan citizens.
https://www.forbes.com/sites/sarahhansen/2020/03/24/the-great-depression-vs-coronavirus-recession-3-metrics-that-will-determine-how-much-worse-it-can-get/#3321388a15bd

More Sources:
Great Depression Timeline: 1929 – 1941
https://www.thebalance.com/great-depression-timeline-1929-1941-4048064

Library of Congress
The Library of Congress is the research library that officially serves the United States Congress and is the de facto national library of the United States. It is the oldest federal cultural institution in the United States.
https://www.loc.gov/

Click on Top Searches: Great Depression
https://www.loc.gov/search/?q=Great%20Depression

Presidents and VPs / Sessions of Congress
https://history.house.gov/Institution/Presidents-Coinciding/Presidents-Coinciding/

How the current stock market collapse compares with others in history
https://www.msn.com/en-us/money/markets/how-the-current-stock-market-collapse-compares-with-others-in-history/ss-BB11usZD

Former Republican Joe Walsh Says He can’t vote for Trump
Conservative United States Representative William Joseph Walsh (R) representing Illinois’s 8th congressional district says he can’t vote for Trump again.

I think it’s important that there’s a Republican out there every day who says, ‘This is not my Republican Party,'” former congressman Joe Walsh
https://www.desmoinesregister.com/story/opinion/editorials/caucus/2020/01/25/joe-walsh-admits-he-wrong-back-trump-asks-others-speak-up/4562179002/

Sterling Heights GOP mayor Michael Taylor backs Biden
A Michigan mayor and longtime Republican has decided to renounce President Donald Trump in favor of Vice President Joe Biden.

The Sterling Heights Mayor Michael voted for Trump in 2016 but said that…How could I look at those three kids and tell them I’m proud to support Donald Trump? I can’t. I won’t. I’m voting for JoeBiden and endorsing him for President of the United States. I hope you’ll join me. – Sterling Heights Republican Mayor Michael C. Taylor
https://www.detroitnews.com/story/news/politics/2020/03/10/sterling-heights-gop-mayor-michael-taylor-backs-biden/111414080/

Gang of Five Targets’ Michigan’s RNC Committeeman

While many so-called Republican legislators here in Michigan have called for Dave Agema’s resignation this whole attempt was orchestrated by a “hypocritical” former MIGOP chair with the “threat” of withholding funds to the RNC and MIGOP candidates. Betsey DeVos on Fox NewsMr. Agema, a staunch principled conservative who believes in the GOP platform and its planks was elected at the Detroit convention by an “overwhelming” majority of the MIGOP membership.

However, the Party elitist didn’t like that; they didn’t like that one bit. And ever since his election they have been hell bent on getting him ousted (Purged) and replaced with a more loyal establishment go a long to get along UN-principled “liberal” representative.

Enter the “Gang of Five” the major players in this attempted coup. While this “gang” has reached out to others with similar “threats” of who knows what whether financial support or committee assignments’ if they didn’t play ball in calling for his resignation and the fact remains they don’t care for the memberships choice!

Let’s take a closer look at the “Gang of Five’s” Purge Timeline shall we. Rience Priebus

Rience Priebus was told to eliminate Michigan’s Republican National Committeeman Dave Agema or Betsey DeVos would withhold a $750,000 donation from the RNC.

Could it be according to “unconfirmed” reports she has a gay son or close relative who is gay and didn’t appreciate the opposition to the gay agenda in spite of the GOP Platform?

Bobby Schosatk and Snyder asks Scott Walker to call for Mr. Agema’s resignation one day before an RNC meeting to put pressure on him to quit. Schostak Snyder WalkerSome of the RNC members ask Walker why he got involved in a State issue – Walker says, because Schostak and Snyder asked me to. He didn’t even know what the issue was!

Betsy DeVos decries Dave Agema’s so-called hate speech for his sharing of an article by former member of the United States House of Representatives, and retired U.S. Army lieutenant colonel Allen West on social media. This despite Betsy’s and her families’ history of funding bigoted initiatives. BetsyDevos Hypocrite

No matter what side of the issue you’re on you need to evaluate both sides. The Republicans will never tell its membership what they don’t want them to know so how do you find out what that is?

When politicians speak it’s not what the right hand is saying it’s what the “left” hand is doing! “If you want to find out the dirt look to the left.”
http://www.eclectablog.com/2014/01/betsy-devos-decries-dave-agemas-hate-speech-despite-a-family-history-of-funding-bigoted-initiatives.html

Another Crony Gov. Rick Snyder Appointee Target of FBI Probe

                                                    “The Boji Files” Boji Ficano Snyder Richardville
The Snyder administration scandals’ starring his appointee’s is just unconscionable. All this corruption revolves around real-estate, real estate development and construction with our legislators in Lansing. The list is like the energizer bunny it just keeps going and going.
The “Friends and Family” program and the “Business Buddies” fund is alive and well in Lansing and it’s definitely not in the best interest of the citizens of Michigan. Those you elect to serve you are serving the lobbyist and special interest group’s best interest not yours.

FBI Probe into Democrat Bob Ficano and his buddy Snyder Appointee Ron Boji
http://www.wxyz.com/news/local-news/investigations/even-with-ficanos-days-numbered-fbi-probe-into-wayne-county-stretches-into-year-three

Wayne County has been ordered to repay an $850,000 federal grant
With the help of Wayne County, developer Ron Boji received federal funds to build it. Boji was a longtime supporter of Ficano, showering him with campaign donations and throwing a fundraiser at his mansion in Orchard Lake.
http://www.wxyz.com/news/local-news/investigations/hud-orders-wayne-county-to-repay-850k-grant-after-fmr-asst-ceos-conflict-with-developer

Despite all the baggage connected to Boji, he’s still a BIG favorite of crony capitalist Governor Rick Snyder. Governor appoints Ron Boji to Michigan Strategic Fund Monday, January 7, 2013

LANSING, Mich. – Gov. Rick Snyder has appointed Ron Boji, of Orchard Lake, to the Michigan Strategic Fund board of directors.
http://www.michigan.gov/snyder/0,4668,7-277–292353–,00.html

Ron Boji appointed to state Transportation Commission
Snyder today announced the appointment of Ron Boji, of Orchard Lake, to the state Transportation Commission.
http://www.michigan.gov/snyder/0,4668,7-277–314872–,00.html

Ron Boji was appointed by Gov. Rick Snyder effective Oct. 17, 2013. Mr. Boji is involved with Bob Ficano in the FBI ongoing probe.
http://www.michigan.gov/mdot/0,4616,7-151-9623_31969_31970-315012–,00.html

2013 Senate Bill 509: Authorize new state Senate office building
Introduced by Sen. Randy Richardville (R) on September 17, 2013
To authorize the sale of the Farnum Senate office building in Lansing and construction of a new building for Senators’ offices.

This was referred to the Senate Government Operations Committee on September 17, 2013. It was reported in the Senate on November 13, 2013, with the recommendation that the bill pass.
http://michiganvotes.org/2013-SB-509

Richardville Pushes Questionable Real Estate Bill “MIGOP” History of Crony Capitalism Combined With Unsavory Characters Casts Dark Cloud Over SB 509
https://bainreport.wordpress.com/2014/01/09/richardville-pushes-questionable-real-estate-bill-migop-history-of-crony-capitalism-combined-with-unsavory-characters-casts-dark-cloud-over-sb-509/

Michigan Senate moves to allow sale of Michigan Senate building to Ron Boji
http://www.mlive.com/politics/index.ssf/2013/12/michigan_senate_moves_to_allow.html

Ron Boji has hosted Ficano fund-raisers at his West Bloomfield home
Ron Boji and the Boji Group: Data and Deceit
http://ludingtoncitizen.ning.com/forum/topics/ron-boji-and-the-boji-group-data-and-deceit?xg_source=activity

Chaldean appointed to state transportation commission
LANSING — Gov. Rick Snyder today announced the appointment of Ron Boji to the state Transportation Commission. Boji is Chaldean.

Boji is president of the Boji Group, where he manages, develops and leases the company’s real estate portfolio. Can you say the Senate Farum building in Lansing or the Bob Ficano FBI ongoing investigation?
http://www.arabamericannews.com/news/news/id_7638/Chaldean-American-appointed-to-state-transportation-commission.html

Chaldean Mafia Threat Analysis
This article by the National Criminal Justice Referance Service profiles the emerging “Chaldean Mafia.”

The Chaldean Mafia is a gang composed almost exclusively of individuals tracing their roots to the country of Iraq, and has a conspicuous presence in areas with large Middle Eastern populations such as Michigan.
https://www.ncjrs.gov/App/publications/abstract.aspx?ID=200792

Urban dictionary on Chaldeans
http://www.urbandictionary.com/define.php?term=Chaldean&defid=3848574