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To: UCFRoadWarrior; TChris
"the GDP figures totally refute his claim"

You are a one-note-wonder. Aside from GDP having grown in some years in spite of Hawley Smoot (a statement of fact granted, but having no bearing on the net effect of Hawley Smoot), have you any other arguments?

47 posted on 02/04/2009 3:32:14 PM PST by Uncle Miltie (Congress declares a National Dividend in the amount of $9,000 per taxpayer instead of Porkulus.)
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To: Uncle Miltie

“the GDP figures totally refute his claim”

I know you did not make this statement...but you appear to be wise in the ways of Econ 101.

Isn’t governemnt spending a part of the Gross Domestic Product? Wouldn’t increased gov’t spending in the 1930s be a (significant) factor in WHY the GDP continued to increase despite Smoot Hawley?


97 posted on 02/04/2009 4:20:02 PM PST by Choose Ye This Day (B.O. ? BOHICA!!!)
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