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

[Darrell Keim]

Not to defend Bachmann (Who I'm not familiar with).  But, The
Economist did prominently discuss Hoot-Smalley as something that may
have prolonged the depression.


On Thu, Apr 30, 2009 at 8:54 AM, Tom Hansen <thansen at moscow.com> wrote:
> Michelle Bachman gets her history very, very wrong.  Again.
>
> This is not a repeat from every day prior to now. No, this bit of stupidity is
> completely new
>
> Courtesy of "Talking Points Memo" at:
>
> http://tinyurl.com/BachmannBlamesFDR
>
> ------------------------------------------
>
> Historian Michele Bachmann Blames FDR's "Hoot-Smalley" Tariffs For Great
> Depression
>
> By Eric Kleefeld - April 29, 2009, 11:08AM
>
> Make no mistake: When it comes to economics, Rep. Michele Bachmann (R-MN)
> knows her history -- even if that history is from another planet.
>
> On Monday night, our friends at Dump Bachmann reported, Bachmann took to the
> House floor and paid tribute to the economic policies of Calvin Coolidge and
> the "Roaring 20s" (the era that ended with a massive monetary contraction and
> the Great Depression). One particular line really does stand out, though --
> saying Franklin Roosevelt turned a recession into a depression through the
> "Hoot-Smalley" tariffs:
>
> Here's what really happened: When Franklin Roosevelt took office, unemployment
> was already about 25%. And the tariff referred to here was actually the
> Smoot-Hawley bill, co-authored by Republicans Sen. Reed Smoot of Utah and Rep.
> Willis Hawley of Oregon, and signed into law by President Herbert Hoover.
>
> Interestingly, this speech also happened on the same day as when Bachmann
> connected the 1970s swine flu outbreak to Democrat Jimmy Carter being
> president, even though it was actually Gerald Ford in office at the time.
>
> ---------------
>
> The video of Michele Bachmann
> http://www.youtube.com/watch?v=Jc1kvcf4w-M
>
> ---------------------------------------------------
>
> 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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