Saturday, February 26, 2011

Ranking the Presidents #30


BENJAMIN HARRISON (R) - 1889-1893

Grandson of William H. Harrison, the 23rd president rode into office with budget surpluses, and so he got cocky. He kept high tariffs and passed the first billion dollar budget (just imagine...). By increasing tariffs even higher, he wound up causing the Panic of 1893.

Voters were filled with buyers remorse. Grover Cleveland had been defeated in re-election, but he came back for a rematch against Harrison and won handily, the first time a president has served non-consecutive terms.

No comments: