Saturday, April 03, 2010

Conservative Crack-Up Continues

The conservative movement leaders continue to amaze with their utter ignorance of history.

I predict a short shelf life for the new Texas textbook guidelines as historians continue to analyze the guidelines.

The funniest whopper has got to be Congresswoman Michelle Bachmann's multiple manglings of the Smoot-Hawley Tariff of 1930 (three years before FDR took office) as "Hoot-Smalley." I wonder if she was thinking of Al Franken as "Stuart Smalley".

But of course, I'm one of those (Joseph Schumpeter is too, as is this guy at SeekingAlpha.com) who does not think the Smoot-Hawley tariff had any significant impact one way or the other on the economic collapse that began in 1929--and earlier if you were a mine worker or farmer. Unfortunately, the key essay on this topic, by union leader Gus Tyler in the mid 1980s, is not on the web. Still, we are miles ahead of the level of discourse from the idiots like Bachmann and Amrey at this point...

0 Comments:

Post a Comment

<< Home