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To: Harmless Teddy Bear

No,no... you may not remember, but in relatively recent years there’s been a conservative rethinking of what caused the Great Depression to sink so deep and last so long.
Sure, Friedman wrote in 1963, but even Friedrich Hyek didn’t admit to agreeing with him until 1978 (of course, for young folks, that’s all ancient history ;-) )
These studies have pointed the finger more at Roosevelt and Fed policies, than at Smoot Hawley.

Sadly, at least in this regard, I grew up in an earlier age, and to the point of this discussion: so did many other Republicans who supported NAFTA against Ross Perot in 1992.
That’s why they supported it.


54 posted on 03/26/2016 2:19:16 PM PDT by BroJoeK (a little historical perspective...)
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To: BroJoeK

Ooops.
Hyek = Hayek


55 posted on 03/26/2016 3:16:33 PM PDT by BroJoeK (a little historical perspective...)
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To: BroJoeK
You may not remember having been trained by the modern day school but like I said it has been know by anyone with a decent education for decades. I believe the article I read on it was written about the time of World War II and even then it was not a new thought.

People keep on thinking they have rediscovered the wheel. They haven't.

59 posted on 03/26/2016 8:46:23 PM PDT by Harmless Teddy Bear (Proud Infidel, Gun Nut, Religious Fanatic and Freedom Fiend)
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