Most historians view it as an aggravating factor in making a bad situation worse. Its increased tariff rates on foreign goods led many other nations to jack up their rates on our goods, undermining our chance to sell them overseas and thus reducing demand for them, causing thousands of American workers to be laid off, increasing unemployment. We will see if history repeats itself with Trump’s policies.
Ah, the naive innocence of youth! Still some things have come true. Heard talk of camera phones back when I was a kid in the 50s. We have them now. Same with using sound waves to cook things.
But there never are any press conferences! Nor does it appear that there ever will be any!