Monday, December 29, 2008

Poor Paul Krugman

Our oft-noted and oft-wrong op-edmeister of the NY Times' editorial page once again is spectacularly wrong, as he again peddles the old falsehood that Herbert Hoover was some kind of budget-slashing conservative at the height of the Great Depression.

The truth, of course, is that Hoover was a progressive activist who in his final two years as president raised taxes, created a number of new government programs, and ran a budget deficit--for which he was attacked in the 1932 electoral campaign by Franklin Roosevelt!

Krugman should read Paul Johnson or Amity Shlaes--they both expose the Hoover myth for what it is.