Democrats out-Hoover Hoover

Once again we have Democrats playing feel-good, sound-bite economics in an election-year campaign.

Now that we seem headed to Recession – largely as a result of interest groups forcing Congress to enable the uncredit-worthy public to get credit, which they promptly failed to repay, thereby validating the Markets’ refusal to lend to them to begin with – we have the two major Democrat contenders trying to out-Hoover one-another in their race for the ill-educated (thank a unionized teacher) vote.

Hoover did exactly what these two candidates now are proposing: raise taxes, cut free-trade.

The result, of course, was the Great Depression.

Ever-intent on introducing failed policy as the way forward, Democrats now propose the same policies to avoid a Depression.

Seriously.

It doesn’t get any dumber’n this – at least not in the field of economics.

 

About Alex Scipio

About Alex Scipio: Alex moved out of the People's Republic of California to the Free State of Arizona, finally tiring of the lack of the Bill of Rights, the overgrown idiocracy, and the catering to non-Americans & welfare recipients. He still wonders how America got from Truman, Eisenhower, and Daniel Patrick Moynihan to the Liberal and Conservative extremes so badly managing America today. And, yes, islam DOES need to be annihilated. And doing what he can to get folks away from the extremes of political life.
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