Unless you have some sort of “giant idiot” section of your RSS reader, you probably haven’t. Here’s his attempt to deliver a Republican talking point:
“When (President Franklin) Roosevelt did this, he put our country into a Great Depression,” Austria said. “He tried to borrow and spend, he tried to use the Keynesian approach, and our country ended up in a Great Depression. That’s just history.”
Actually, that’s just wrong. If Austria is auditioning for “Are You Smarter Than a Fifth Grader,” I have some advice for him. You’re going to lose, chief. Any grade school kid knows that the stock market crash that precipitated the Great Depression occurred in 1929. The unfairly maligned Roosevelt took office in 1933.
My prediction? In 2060, Republicans will blame Barack Obama for overseeing the collapse of the American financial industry in the fall of 2008.
