February 18, 2008 3:12PM
Do Presidents Need a Business Background?
By FOXBusiness.com
You have to travel back a couple decades to find the last president with a solid business background: Herbert Hoover. But is it necessary to run the country? Click here to read the story.
Today, economic concerns have taken center stage during the race to the Oval Office. We at FOXBusiness.com want to know what you think. In times of economic uncertainty, does the country need a candidate with business credentials? Why or why not?
Comment by Tom Wimsatt
Feb 18th, 2008 at 7:56 pm
I beg to differ with you on your conclusion about Hoover. He did what was, actually, the right thing - left the economy alone. It was FDR who messed things up by using the Depression to his political advantage to get into office. The economy was recovering very nicely, thank you, without FDR and his New Deal before he even got into office. FDR gave us the beginnings of the current welfare-state that we are now unable to extricate ourselves from. We have gone from “he who does not work shall not eat” to “he who does not work gets a hand-out and incentive to not work.” We are fast becoming a socialist economy.
Sad.