O’Donnell Insanely Compares Trump Economy To The Great Depression

On Monday, MS NOW’s host of The Last Word, Lawrence O’Donnell, dialed in on Donald Trump’s presidency and the state of his economy, even going so far as to compare him to President Herbert Hoover and the Great Depression. Using Trump’s characterization of the economy as the “Golden Age” of America, O’Donnell criticized Trump’s words, and inferred that he “had obviously lost his mind” and “was provably insane.”

O’Donnell committed his whole opening monologue to his elaborate comparison between Hoover and Trump. With Republicans sweeping every presidential election from 1920 to 1928, O’Donnell highlighted the obvious with Hoover’s loss to Franklin D. Roosevelt in 1932, in which Hoover would have been deemed president a second term “if he had not signed a hugely destructive tariff increase into law, and if the stock market had not crashed in 1929, and if the Great Depression had not descended over the economy and the spirit of the country.”

O’Donnell’s nonsensical argument turned even more south after he quoted Hoover’s employment rate at 25 percent during his 1932 campaign. With the Great Depression having loomed over his campaign, O’Donnell compared the hardships felt by Americans almost 100 years ago to economic conditions within Trump’s administration (Click “expand”):

Herbert Hoover offered no hope of any kind. He had no plan. He could not create sudden confidence in the banking system. He could not figure out a single thing to do about crushing unemployment in a sharply declining economy. Herbert Hoover was as tone deaf about the economy as Donald Trump is now. 

Herbert Hoover knew the economy was in the worst trouble that anyone had ever seen, but he had no idea what to do about it, or almost as importantly, what to even say about it. Just as Donald Trump has no idea what to say about it now. What Herbert Hoover did not do is choose to simply lie about it the way Donald Trump does. Herbert Hoover did not say it's the Golden Age of America, our nation is doing better now than ever before. 

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