Haunted by Hoover, Trump searches for an endgame in Iran
US President Donald Trump arrives to participate in a roundtable on the American mining industry at the US Department of State in Washington, DC. KENT NISHIMURA/AFP via Getty Images hide caption President Trump is confronting a question that has haunted presidents throughout history: how a war — one that has gone on longer than predicted — can reshape a presidency. Behind the scenes and in public remarks, Trump has acknowledged seeking an agreement to end the Iran war in hopes of escaping comparisons to former President Herbert Hoover, the Republican whose name became synonymous with economic collapse after the Great Depression. "I've studied presidents, some good, some bad, some great," he said at the June G7 summit in France. "Not too many are great and some really bad. We had one just recently. The one president I did not want to be was the late, great Herbert Hoover.
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The risks of recession are higher today than they were prior to the war, but they're also not off the charts, according to Diane Swonk, chief economist at the accounting firm KPMG.