[Vision2020] Michele Bachmann and the Great Depression (kinda)

lfalen lfalen at turbonet.com
Thu Apr 30 10:37:33 PDT 2009


Smoot-Hawley did more harm than good. It may supprise you but republicans can be just as wrong on econimics as democrats(Nixson's wage price controls).
Roger
-----Original message-----
From: "Tom Hansen" thansen at moscow.com
Date: Thu, 30 Apr 2009 09:47:59 -0700
To: "Darrell Keim" keim153 at gmail.com
Subject: Re: [Vision2020] Michele Bachmann and the Great Depression (kinda)

> Darrell Keim stated:
> 
> "The Economist did prominently discuss Hoot-Smalley as something that may have
> prolonged the depression."
> 
> Darrell:  Are you sure that The Economist discussed the "Hoot-Smalley Act" and
> NOT the "Smoot-Hawley Tariff Act", which was "pioneered by Senator Reed Smoot,
> a Republican from Utah, and Representative Willis C. Hawley, a Republican from
> Oregon" as reported in the Wikipedia at:
> 
> http://en.wikipedia.org/wiki/Smoot-Hawley_Tariff_Act
> 
> FYI:  Michele Bachmann may not be popular in the Pacific time zone, but she is
> well known by her constituents in the 6th District of Minnesota.
> 
> http://bachmann.house.gov/
> 
> Seeya at the Renaissance fair and/or the Farmers' Market, Moscow.
> 
> Tom Hansen
> Moscow, Idaho
> 
> "The Pessimist complains about the wind, the Optimist expects it to change and
> the Realist adjusts his sails."
> 
> - Unknown
> 
> 
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