Martin Van Buren – 146
Between 1837 and 1841, President Martin Van Buren served a single four-year term in office. He was in office during the massive economic catastrophe known as the Panic of 1837, which occurred during his tenure. After only three months in office, the Major Slump was officially declared, marking the beginning of what is regarded to be the first great depression in the history of the United States. Van Buren was known as ‘the Little Magician,’ and he urged for the United States Treasury to be established as a separate institution in order to keep the monies separate as political tides came and went over the course of history. Given his IQ of 146, Martin Van Buren was considered to be a fairly ordinary president among his contemporaries. He was named secretary of state during Andrew Jackson’s time before succeeding him as president, and he later rose to the position of “minister to Great Britain” after that. Due to the economic difficulties, he was accused of inheriting the Great Depression and for forcing a huge number of businesses and banks to close as a result of it. However, the measures he implemented eventually sparked a resurgence in the economy, despite the fact that he was never given credit for it because the results were only noticed after he had left office.
Martin Van Buren
