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Speaker 2: time on Herbert Hoover Now. Hunter Oswald is a five
Speaker 2: film Beth gase Witch Development Fellow, research fellow with The
Speaker 2: American Spectator, where he is currently working on a project
Speaker 2: with that publications founder. His articles and Spectator have examined
Speaker 2: a whole host of issues, and he's gone around reporting
Speaker 2: for The Spectator and from covering the twenty twenty two
Speaker 2: Dobbs protest, you guys remember that in Washington, d C.
Speaker 2: To jd Vance's Middletown rally back in twenty four iff
Speaker 2: student fellow and Conservative thought for the Institute for Faith
Speaker 2: and Freedom, and he's contributed a whole bunch of different
Speaker 2: news outlets. Welcome to the program, Hunter Oswald. It's great
Speaker 2: having you on the show today.
Speaker 1: Hey, thank you for having me on, Brian.
Speaker 2: The subject matter Herbert Hoover. And you know, honestly, other
Speaker 2: than Hooverville's which was of course the Great Depression and
Speaker 2: the Smoot Hawley Tariff Act, I didn't don't really know
Speaker 2: anything about Herbert Hoover. Apparently he's got a reputation as
Speaker 2: being one of the most hated and controversial presidents out there.
Speaker 1: Yeah, I mean, Hoover is definitely one of those figures
Speaker 1: that today when we think about him, most people in
Speaker 1: the general population will think of the president that failed
Speaker 1: the Great Depression and the guy who eventually led for
Speaker 1: FDR to rise to power and the New Deal. Yeah,
Speaker 1: but when we think about Hoover today, especially as me,
Speaker 1: we kind of take these things for granted. But at
Speaker 1: the same time, there's this new development, this new narrative
Speaker 1: that we've created by New Deal historians that say, you know,
Speaker 1: this guy named Hoover, you know it was the reason
Speaker 1: he failed was because of his lasi faire economics. It
Speaker 1: was his hands off approach. But when you actually learn
Speaker 1: and study him, you can see a completely different story
Speaker 1: with Hoover. So tonight with the empower You seminar. I
Speaker 1: am looking at Hoover as he truly is not how
Speaker 1: New Deal historians portray him as today, So.
Speaker 2: An accurate picture of Herbert Hoover the president. And it's
Speaker 2: actually it's tomorrow night, correct tomorrow at seven pm. Power
Speaker 2: You America dot Org. He said, tonight, Well today is tonight?
Speaker 2: Oh my god, See this is my week. I'm sorry, hunter,
Speaker 2: this is my week. I'm just I'm hitting fits and
Speaker 2: spasms here this week. So apologies to my listeners. I
Speaker 2: am not a complete idiot, just forgot what today it is. Anyhow,
Speaker 2: going back, thank you. I think we all go through
Speaker 2: those moments occasionally, if it's not a sign of dementia onset, Eddie.
Speaker 2: I did mention the Smooth Holly Teriff Act on purpose
Speaker 2: because I did know was signed in the launder Hoover
Speaker 2: and it apparently exacerbated the problems created by the Great
Speaker 2: Depression in the aftermath of the stock market crash. Is
Speaker 2: there something that we can learn from that about what
Speaker 2: Trump's doing today? We be talking about it and that
Speaker 2: at all in this context?
Speaker 1: Oh? Absolutely, because when people think of the Smooth Harley Terriffact,
Speaker 1: they think of, Okay, you know, why does this tariff
Speaker 1: play into causing or at least exacerbating the Great Depression. Well,
Speaker 1: what people fail to understand is when the Great Depression
Speaker 1: hit on, people are already struggling for trade, in other words,
Speaker 1: who to buy from, Because now you have the government,
Speaker 1: via protectionism, saying hey, we the state are determining where
Speaker 1: you're going to buy your products. And then their case,
Speaker 1: they're arguing from what you would say public interest theory,
Speaker 1: which is that all we are doing pre the economy
Speaker 1: is in the public interest. But the tariff, the Harley
Speaker 1: Terriffact failed immensely. I mean we are talking a few
Speaker 1: months after it passed in nineteen thirty, seventeen point nine
Speaker 1: percent of production drops immediately. And so when we think
Speaker 1: about in today's environment, with the tariff war right now
Speaker 1: with Mexico and Canada, we have to be very careful
Speaker 1: of what tariffs are because then the tariffs are not
Speaker 1: a good thing. It's kind of an unfortunate loss loss situation.
Speaker 1: And so like people say, well, it's only for national
Speaker 1: security reasons, and you can make an argument for that,
Speaker 1: but when you're looking at it from a purely economic standpoint,
Speaker 1: you're restricting trade, you're creating new barriers of entry for
Speaker 1: new companies to invest in your country. You're effected. And
Speaker 1: another unfortunate fact is you're actually encouraging ronism because teriffts
Speaker 1: often benefit those in a situation that are like, you
Speaker 1: know what if I don't the less competitors I have
Speaker 1: in the economy, the more likely it can benefit. So
Speaker 1: they What we start seeing is a transition from say
Speaker 1: an economic competition, where you would say, okay, companies actually
Speaker 1: have to compete with each other, versus say political entrepreneurship,
Speaker 1: where it's like, how can I use the government to
Speaker 1: my advantage. So I think with the teriff vers today
Speaker 1: were Trump, we should be very leery about how we
Speaker 1: are using teriffs in the context of what is going on.
Speaker 2: Well, I mean, I think they disnecessarily along the lines
Speaker 2: and logical reason that you're using, you know, the natural
Speaker 2: reaction from an economic standpoint as well. You know, we're
Speaker 2: going to get retaliatory tariffs on us, and people are
Speaker 2: not going to buy as much or in when we
Speaker 2: buy if for the goods that are imported based on
Speaker 2: the retaliatory tariffs, we're going to have to pay more
Speaker 2: for it. So through what lens was Herbert Hoover looking
Speaker 2: when he put tariffs on twenty thousand or so products,
Speaker 2: did he ignore that sort of logic, that economic reaction,
Speaker 2: that wait a second, that's going to cause people to
Speaker 2: demand less American products, and it's going to cause the
Speaker 2: products that we import to go up in price. How
Speaker 2: can that help the economy?
Speaker 1: Exactly? So would Hoover spend commented the tariff. People kind
Speaker 1: of debate about this somewhat, but most generally agree. When
Speaker 1: the terror factor was approved in nineteen thirty, Hoover said, well,
Speaker 1: it was part of our Republican platform because he did
Speaker 1: campaign and then this was again nearly one hundred years
Speaker 1: ago where Republicans were very much the party of terms.
Speaker 1: That was a huge deal under McKinley, as we've heard
Speaker 1: Trump today talk about McKinley. So Hoover kind of played
Speaker 1: in that idea of somewhat I'm fulfiliate with the party
Speaker 1: platform is. But at the same time, and this is
Speaker 1: another unfortunate fact about Hoover's he did play into cronyism
Speaker 1: a bit from his supporters in the industries that were like, hey,
Speaker 1: we want to benefit right now, and we need to
Speaker 1: really focus on how do we restrict trade from foreign countries,
Speaker 1: other other words, foreign competitors, so we get the advantage
Speaker 1: despite the fact that consumers are going to suffer. So
Speaker 1: an immediate way, it's like, okay, we can artificially raise
Speaker 1: our prices. And who kind of plays this idea, Well,
Speaker 1: you know, lase fair. It kind of works, but I
Speaker 1: also think it's not the most efficient form of government
Speaker 1: of the economy. So that's kind of where the terrific
Speaker 1: narrative comes from. Where again he said, well, it's part
Speaker 1: of fulfilling the party platform. However, there's also the fact
Speaker 1: that you have Suber going along Satan. You know, this
Speaker 1: lasei fair thing is maybe not the way to go.
Speaker 2: So ultimately, then did was was he more like a
Speaker 2: Wilsonian kind of president?
Speaker 1: Oh? Very much so. In fact, when Hoover initially expressed
Speaker 1: his progressivism, he actually supported Teddy Roosevelt in an eighteen
Speaker 1: twelve election. In fact, if you go to the Herbert
Speaker 1: Hoover Library, his presidential library, everybody agrees that he adhere
Speaker 1: to the Teddy Roosevelt wing of the party. He was
Speaker 1: very much a progressive Republican of his day. So he
Speaker 1: was like you know, I believe he's like you know,
Speaker 1: I believe in rugged individualism because of his Quaker background,
Speaker 1: so he supported freedom. However, he also saw like the
Speaker 1: state could be used as a means to be constructive
Speaker 1: in the economy. So that's kind of where the Wilsonian
Speaker 1: the Roosevelt mentality comes from. In fact, Woodrow Wilson appointed
Speaker 1: him as the director of the US Food Administration during
Speaker 1: World War One. That's kind of where his first major
Speaker 1: political job is under Woodrow Wilson.
Speaker 2: How about that. I certainly enlightened me on quite a
Speaker 2: few things on Herbert Hoover, and again the seminar tonight
Speaker 2: at seven o'clock, And it's what did I overlook in
Speaker 2: terms of something else you'd be speaking of love about
Speaker 2: Herbert Hoover. We do did a lot on Smooth Hawley,
Speaker 2: because I know that was rather impactful and not a
Speaker 2: good way since tariffs are a big topic of conversation.
Speaker 2: But just real quick, what are the fun fact can
Speaker 2: you throw out about Herbert Hoover that you'd be talking
Speaker 2: about tonight that my listeners might be interested in.
Speaker 1: Yeah, so I think I don't want to give all
Speaker 1: away the.
Speaker 2: No, no, no, but don't don't rebel page in the book.
Speaker 1: Oh exactly. But I think a lot of people will
Speaker 1: find surprising is that when we think about who Coover
Speaker 1: is as this log fair guy, as I said, that's
Speaker 1: not him. And I think the biggest secret, or the
Speaker 1: biggest surprise will be that Hoover actually developed his own
Speaker 1: new deal before FDR ever thought about it. In fact,
Speaker 1: a lot of economists and historians have actually looked back
Speaker 1: on this and said, you know, and interesting enough, I
Speaker 1: have the quote right in front of me from FDR's advisor,
Speaker 1: Roxford Tugwell, who said, quote when it was all over,
Speaker 1: I once made a list of new deal ventures begun
Speaker 1: during Hoover's years as Secretary of Commerce and then as president.
Speaker 1: The new deal owed much to what he had begun,
Speaker 1: and effectively, what he's saying there is Groover without Hoover,
Speaker 1: FDR really didn't have that much well his own DUDU.
Speaker 2: That's hilarious, Hunter Oswald, Do you be talking about this at
Speaker 2: length this evening again? Log in online empower Youoamerica dot
Speaker 2: ORGANI is a link on my blog page fifty five
Speaker 2: KRC dot com. Just make sure you register. It's a
Speaker 2: wonderful speech tonight, I'm sure will be Hunter, and thanks
Speaker 2: for coming in the morning show and giving us a
Speaker 2: little bit of information about Herbert Hoover that I'm sure
Speaker 2: quite a few of us didn't know.
Speaker 1: Well. Thank you, Brian, and again everybody come out tonight
Speaker 1: and hope see you all.
Speaker 2: There very much. So take care of my friend and
Speaker 2: don't go away. Former Anderson Township trusty Drew Pappas had
Speaker 2: a bit of an altercation with some liberal protest to
Speaker 2: resulting in well him assaulting Drew Pappas. We'll get the
Speaker 2: details on that coming up next Fall by Jay Ratliff
Speaker 2: at the bottom of the hour. Who we can stick
Speaker 2: around fifty five krc A U line