Year: 1937
(AFP/AFP/Getty Images)
Incumbent: Franklin Roosevelt
Party: Democrat
Dow: -32.8 percent
Conditions: Some blame the late-‘30s recession on FDR’s attempts to balance the budget, others on his “anti-business” crusade.
(AFP/AFP/Getty Images)
Incumbent: Franklin Roosevelt
Party: Democrat
Dow: -32.8 percent
Conditions: Some blame the late-‘30s recession on FDR’s attempts to balance the budget, others on his “anti-business” crusade.