Warren G. Harding was a nasty, nasty president.
John Oliver reads some of his recently released love letters.
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And now you have a wax figure of Harding and his Jerry sitting in a storage closet at your studio with Nixon, Clinton, Carter, and some unfortunate president with TB
Now I can only imagine the conversations going on there.
When I was in first grade, I remember I had to study the Presidents for some test, so I looked at the whole board of Presidents, and then about a minute after reading it, I only remembered one President: Warren G. Harding. But I was in first grade, so I pretty much got worshipped for even naming Harding before the better-known ones like Washington and Lincoln, and I passed that test by default.
And now, I have to learn that Warren G. Harding, the President eternally bonded with me, named his dick "Jerry", impregnated his neighbor's wife, and was murdered by his own wife, who was never convicted (which people still don't believe).
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To be fair, Harding was not a bad President. He balanced the budget, secured pensions for soldiers, worked for civil rights, and avoided getting us into the League of Nations which Wilson wanted. He gets a bad rap for the Teapot Dome scandal, which he was never involved in personally. His biggest mistake - he trusted his friends he gave jobs to who told him they stopped doing things he told them to knock off doing.
Harding was one of the better presidents of the 20th century. I'm not surprised Oliver hates him because he promoted responsible fiscal policy and promoted civil right for African Americans unlike Woodrow Wilson the quasi-fascist American emperor who's loved so much by the left.
No, they can say dick. This is the internet. I think what is...is since he films on HBO whenever they export to other venues the team responsible by default censors language regardless of content. But I'm just guessing. There are no word restrictions on the internet in the USA.
Extract on a Book about Harding:
Credit expansion directed at funding WWI had brought about the predictable inflationary boom and subsequent bust by the time the Election of 1920 was in full swing. The economic situation in 1920 was grim. By that year unemployment had jumped from 4 percent to nearly 12 percent, and GNP declined 17 percent. No wonder, then, that Secretary of Commerce Herbert Hoover — falsely characterized as a supporter of laissez-faire economics — urged President Harding to consider an array of interventions to turn the economy around. Hoover was ignored.
Instead of "fiscal stimulus," Harding cut the government's budget nearly in half between 1920 and 1922. The rest of Harding's approach was equally laissez-faire. Tax rates were slashed for all income groups. The national debt was reduced by one-third.
The Federal Reserve's activity, moreover, was hardly noticeable. As one economic historian puts it, "Despite the severity of the contraction, the Fed did not move to use its powers to turn the money supply around and fight the contraction." By the late summer of 1921, signs of recovery were already visible. The following year, unemployment was back down to 6.7 percent and it was only 2.4 percent by 1923.
In his 1920 speech accepting the Republican presidential nomination, Harding declared,
"We will attempt intelligent and courageous deflation, and strike at government borrowing which enlarges the evil, and we will attack high cost of government with every energy and facility which attend Republican capacity. We promise that relief which will attend the halting of waste and extravagance, and the renewal of the practice of public economy, not alone because it will relieve tax burdens but because it will be an example to stimulate thrift and economy in private life.
Let us call to all the people for thrift and economy, for denial and sacrifice if need be, for a nationwide drive against extravagance and luxury, to a recommittal to simplicity of living, to that prudent and normal plan of life which is the health of the republic. There hasn't been a recovery from the waste and abnormalities of war since the story of mankind was first written, except through work and saving, through industry and denial, while needless spending and heedless extravagance have marked every decay in the history of nations."
Say what you want about all the corruption in his government, but his achievements were remarkable.
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