Posted on 07/14/2008 6:53:23 PM PDT by jazusamo
In an election campaign in which not only young liberals, but also some people who are neither young nor liberals, seem absolutely mesmerized by the skilled rhetoric of Barack Obama, facts have receded even further into the background than usual.
As the hypnotic mantra of "change" is repeated endlessly, few people even raise the question of whether what few specifics we hear represent any real change, much less a change for the better.
Raising taxes, increasing government spending and demonizing business? That is straight out of the New Deal of the 1930s.
The New Deal was new then but it is not new now. Moreover, increasing numbers of economists and historians have concluded that New Deal policies are what prolonged the Great Depression.
Putting new restrictions of international trade, in order to save American jobs? That was done by Herbert Hoover, when he signed the Hawley-Smoot tariff when the unemployment rate was 9 percent. The next year the unemployment rate was 16 percent and, before the Great Depression was over, unemployment hit 25 percent.
(Excerpt) Read more at jewishworldreview.com ...
T.S. has my vote anytime!
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