A Mind-Changing Page (Thomas Sowell)

Townhall.com ^ | June 17, 2010 | Thomas Sowell

[Smokin' Joe]

Though he didn’t mention Obama it’s pretty clear his timing for it.

Considering Obama just put 120,000 jobs on the bank in the Gulf and elsewhere with his offshore drilling moratorium, it is a good time to remind people of this.

[Sergio]

You cannot reason someone out of a position that they did not use reason to get into in the first place. - Alexander Pope

[RipSawyer]

“It’s the IDEA, you see, that’s important, not the facts.”
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Absolutely, they have the ability to refute what should be as obviously true as the sunrise while steadfastly maintaining a belief in some childish absurdity.

[DCPatriot]

Most excellent read!

Thanks!

[Oceander]

Absolutely amazing. Even if one were in a forgiving mood with FDR, on the (dubious) hypothesis that they didn't know any better because no-one had tried it before, that same benefit of the doubt simply cannot be extended to today's democrats/liberals - they cannot be heard to say that they didn't know, or couldn't have known, how catastrophic the effects of their toxic economic policies would be, and therefore must be treated as having intended to do the harm their policies are, in fact, doing. If that isn't treason, it certainly sounds like high crimes and misdemeanors.

[Gondring]

What the government decided to do in June 1930-- against the advice of literally a thousand economists, who took out newspaper ads warning against it-- was impose higher tariffs, in order to save American jobs by reducing imported goods.

Yet even here on FR, we have people crying for protectionist schemes that they think will magically protect American jobs from more cost-effective competitors. To them, I say: "Sorry, folks, but the union job benefits ain't free and a God-given right."

[Jacquerie]

I second your opinion. Shlaes’ book is terrific.

[okie01]

Were it not for government intervention -- by both Hoover and Roosevelt -- the Great Depression would be known today as The Panic of 1929.

And, like the Panics of 1819, 1837, 1857, 1873, 1893 and 1901, over after a few months. And forgotten in a few years.

There's a lesson in there somewhere.

[okie01]

Ever tried showing proof to a Liberal? They instantly dismiss it and you.

Ain't it the truth. My sis, the social worker, usually objects to any expression of unwanted fact by saying, "That's just your opinion."

[Wyatt's Torch]

For later reading

[jazusamo]

Well said and it’s criminal that people will not listen to Dr. Sowell and others who understand this and shout it out.

[Diana in Wisconsin]

BUMP!