It can happen again

My first economics class was at UCA in 1965. My dad was homebound recovering from a heart attack. His parents had lost everything in the 1929 crash as hill country cotton farmers in south Van Buren County.

I was living with my parents in Conway in ’65, and would come home about suppertime and share with my dad some of the great things I was learning in economics, how we could never have another depression like 1929. Dad would say sadly: Son, it can happen again. He had been extremely cautious about borrowing money for anything.

I lived to see it happen in 2008. Ben Bernanke, chairman of the Federal Reserve Board at the time, later said the 2008 crash was worse than the 1929 crash.

Today, most people don’t understand how deep in debt our country is and that it could happen again any day. How stupid many of these “educated” people like radio talker Mark Levin are who are cursing President Trump for wanting to renegotiate some of these one-sided trade agreements. Wisdom trumps education any and every time. President Trump is relying on the wisdom of common hardworking, bill-paying citizens over the philosophers.

Hopefully Mr. Levin will come to understand this before he loses his millions made by deceit. I believe God’s people are on President’s Trump’s side, praying our Lord will spare this country the suffering depressions bring. JIM GLOVER Heber Springs