To: Holden Magroin
Interesting screen name.....The point of the giant sucking sound was an interesting Perotism in '92 I think and it wasn't accurate 12 tears ago and is less so today. SFWarrior suggests that we engage in a Smmot Hawley tariff war with the world and since that directly led to the election of FDR and the depression of 29-32 I would vote for a pass on that course of action.
To: reluctantwarrior
I'm not suggesting Smoot Harley, which incidentally was passed after the Great Depression began. Secondly, how do you explain your free market mantra to the folks at fly over country? Let them know a good shoe shining job is just around the corner? Wake up.
37 posted on
02/08/2004 10:35:07 AM PST by
sfwarrior
(Never Forget The Fallen Heroes)
To: reluctantwarrior
Suggest you look into the Depression again. Much more to do with bad Fed policies than with tariffs. This is an old saw that doesn't cut anymore.
To: reluctantwarrior
"...that we engage in a Smmot Hawley tariff war with the world and since that directly led to the election of FDR and the depression of 29-32..."
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As Pat Buchanan documents in his book "The Great Betrayal" (p. 240+), the above statement is an out and out lie. If you haven't read this book, you should. It was written in 1998, and the intervening five years have proven the text practically prophetic.
Another excellent source is Dr. Ravi Batra (an Indian Economist): "The Myth of Free Trade."
Dear Mr. President: "It's the economy, stupid."
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