It’s tough being President. Obama shares a moment with James Buchanan and Herbert Hoover.
In the annals of Presidential wimpiness, few chief executives rate as poorly as James Buchanan and Herbert Hoover. Buchanan fiddled while the Union disintegrated, setting the stage for the Civil War. Hoover’s muddled economic thinking helped deepen the Great Depression, creating more “Hoovervilles.” While neither President produced the crisis, both were too weak to confront it. The country had to wait for stronger leaders—Abraham Lincoln and FDR—to shepherd it through. Things had to get worse before they got better. Afterwards, once America was back on course, historians could rank the biggest winners and losers.
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