Sunday, September 6, 2009

Three Peas in a bad Pod . . .



According to a new paper published by the Institute of Economic Affairs and endorsed by Nobel Prize-winning economist James Buchanan, Barack Obama is making the same mistakes made by Franklin Roosevelt (which prolonged the Great Depression by several years) and also by Argentinean dictator Juan Peron (which caused his country's economy "collapse from first to Third World status").  (Link to story here.)

If lessons in history are not well learned . . . 

1 comment:

thetimman said...

You are probably insulting Peron to put him in that group.