Social Mood and Presidential Leadership
Coaching Tip
NOVEMBER 8, 2011
Elected in 1836, by the time Van Buren assumed office in March 1837 a speculative bubble had burst and a banking crisis was at hand (sound familiar?) -- the national mood had turned south and the "Panic of 1837" followed. The depression worsened as Van Buren continued Andrew Jackson's economic policies. Life savings were wiped out.
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