Tuesday, January 24, 2012

Obama is that Damn Hoover President

John Ransom

It’s a comparison that would probably make both men seethe. But it’s an apt comparison when one looks at the policies and the track records of Barack Obama and his “progressive” counterpart Herbert Hoover.

One day before Obama announces a get-tough policy with China ala president Hoover’s Smoot-Hawley Tariff- which seriously damaged the economy of the United States during the Great Depression- the New Yorker’s Ryan Lizza explored some White House memos that show that Obama doesn’t understand the history of the Great Depression.

Read more: http://finance.townhall.com/columnists/johnransom/2012/01/24/obama_is_that_damn_hoover_president

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