Quote:
Originally Posted by Imperator
recipe for disaster.....yes by god lets raise taxes 
Now, since we're talking Hoover, which Presidential candidate has a similar agenda of protectionism and tax increases? Hmmm.
Oh, that's right. Just the other day, one of the candidates for President was saying she'd withdraw from Nafta if the Mexicans didn't do what she demanded, and she wants "a pause" in free trade. She also wants to repeal the Bush tax cuts, more than doubling the rate on dividends back to 39.6% from 15%.
Her Democratic opponent agrees with her, except that he'd raise taxes even more, including by eliminating the $102,000 cap on income subject to the 6.2% payroll tax (12.4% when you include employers), and raising the capital gains tax to at least 25%, and maybe even 28%, from 15%. Add up all of Barack Obama's tax increases and his proposals would get entirely too close to Hoover's top marginal rate of 63%.
Maybe we should be afraid of Hoover's ghost.
Hoover's Heirs - WSJ.com |
If it's one thing our elected officials know Imperator, it's that Americans do not know their history. Heck, Hil-liar-y is most adept at re-writing it herself. Wouldn't surprise me at all if this tactic worked for them. Unless McCain and others turn this back on them and start making the real comaprisions between Hoover and the Dems, as you did, the willing accomplices in the MSM will run with it. Of course even then, most Americans probably would not get it anyway. Thinking about it takes away from their American Idol time.