How to Achieve the Miracle of Poverty

Reason Online ^ | September 18, 2002 | Ronald Bailey

[M-cubed]

gaurentees = guarantees....Whoops!

[PGalt]

Great article, comments bump.

[Cincinatus]

I don't know about paleo cons, but compare the list of do's (or don'ts) to the policies of FDR

OK, let's compare the item I singled out to him. FDR didn't sign Hawley-Smoot and his Congress didn't pass it -- Hoover did. To refresh your memory, that was the gigantic tariff-raising protectionist bill of the 1930's that resulted in a trade war that deepened and lengthened the Great Depression. And trade protectionism is the fundamental building block of Pat Buchanan's ideology.

So it's not only leftists who have no faith in free markets, is it?

[Argh]

bump

[TenthAmendmentChampion]

Nope! And Hoover's congress passed the increase of marginal tax rates to 90%, too. It's just that FDR was too ideologically challenged to reverse the damage that had already been done.