Presidential historian foresees "disastrous end" for Donald Trump - LGBTQ Nation
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Presidential historian foresees "disastrous end" for Donald Trump - LGBTQ Nation
""In 1892, Cleveland, like Trump in 2024, was resurrected by unwavering party loyalty despite losing the previous election,""
""Both men, separated by time but united in their disdain for the 'establishment,' demanded fealty with the fervor of medieval kings suffering from lead poisoning.""
""For Cleveland, a Democrat, it was the Panic of 1893, a severe economic depression triggered by railroad overbuilding and shaky financing, which set off a series of bank failures. Within months, unemployment skyrocketed to nearly 20%, over 15,000 companies and 500 banks failed, and farmers in the South and Midwest faced ruin as crop prices plummeted.""
""with a mix of self-absorption and pseudoscience that would make snake oil salesmen blush.""
Grover Cleveland's second term coincided with the Panic of 1893, a severe economic depression that produced near-20% unemployment, the collapse of thousands of companies and hundreds of banks, and devastated farmers as crop prices plummeted. Cleveland's strict adherence to the gold standard and fiscal conservatism worsened the crisis through inflexibility. Donald Trump's response to COVID-19 relied on self-absorption and pseudoscience. Potential erratic policy shifts on tariffs, immigration, and foreign relations in a second Trump term could create domestic and global turmoil. Both leaders commanded intense party loyalty and showed governance flaws that hindered effective crisis management.
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