Warren Harding, President Trump, Van Buren discussed on Heartland Newsfeed Radio Network
But Martin van Buren has been proposed and Hummel's argument is that then Puran was was was the best president because he, he resolutely supported the free market in the constitution at a time when every incentive existed for him to do otherwise. His his, his banking policies introduced what, what is arguably the greatest banking system monetary system in the United States has ever had. He also managed to avoid not one, but two unnecessary wars one with Mexico and one with Britain, which was the effect of particular significance. When we recall what the founders often said about war, and its tendency to undermine free societies. Now where does poor van Buren wind up in the presidential polls. Well, he lacked vision, I suppose, but he kept the country at peace and was resolutely committed to the constitution. Come, what may in nineteen forty eight. He was number fifteen out of twenty nine presidents nineteen sixty two he was seventeen out of thirty one and in two thousand five he was twenty seven out of forty one Arthur, Schlesinger junior complained that van Buren lacked, executive energy. Another historian described van Buren inaugural address as quote, essentially a charter for inaction by hardly need to point out. Those are bad things to the official historians who rank our presidents for us, now, the consistently low rankings of presidents like Ulysses grant, or president, we discussed today. Warren Harding are due in part to the corruption associated with their administrations now to a certain degree. That's all well and good. But what is the teapot, dome scandal compared to Woodrow Wilson's catastrophic decision in the face of strong popular opposition to involve the United States in world? War one, a horrific conflict. The very least Wilson's decision it has been argued pave the way for the ultra nationalist policies of Adolf, Hitler and the Nazis who protested punitive Versailles treaty that the allies would never have been in a position to impose without American assistance. Yet. Wilson is consistently ranked among America's best presidents. Forget the foreign policy disasters. He was responsible for the historians. Hold seem to be saying, and forget the American deaths is decisions caused the man had vision. Well, this brings us to the twenties and Harding, and Coolidge because what we'll find is although they did do more domestically than people realize in terms of building up government. The fact is that they were by twentieth. Century standards, relatively inactive and they're therefore, we're supposed to hate them in rank of low. But again, that's an ideological judgment. Okay. If you want to decide which are the best presidents, you have to decide that on the basis of your own views, and what these people did when they were in office, and whether or not they conform to your views. Well, there's a lot of scandal mongering. We could talk about with, with Harding, official scandals and personal scandals. But I hate to being a scandal longer. You know, the guy's dead. Now as it is I already condemned him in the book, you know. So let's not dwell on that too long. It is interesting to know that on two occasions, when he confronted people who had been engaged in corrupt behavior under his presidency. People went and, and committed suicide after confrontations with with Harding's. So apparently, he could be quite rough on people. But what I wanna point out focus on stead is one. In fact, he did what he did do economically. So I want to focus on the tax policies of the twenties, because they are they are worth revisiting. I mean, it seems like nothing could be less relevant than the tax policy, the twenties. But let's remember that during World War, One, the top income tax rate had been increased from seven percent to seventy three percent. Now I've got I've got students in an online course that I teach. And they all they're always flattering themselves about how wise they all are they're saying they were saying at one point. Well, we know that in our country, we would never tolerate tax rates of fifty or sixty percent. Of course, we would I said, not only would you, but you did for many years in American history. That rates were very, very high. I gave the example of in Britain, the top rate at one point was ninety five percent. That was a, a democracy..