Coming soon!

Coming soon!

Sunday, December 03, 2006

Smoot to Hawley to Hoover

From Daniel Gross:
In coming months, we're sure to hear a great deal of talk tarring Sen. Harry Reid and Rep. Nancy Pelosi as the present-day incarnations of Sen. Reed Smoot and Rep. Willis Hawley, the sponsors of the disastrous Smoot-Hawley Tariff of 1930. But Smoot and Hawley were both Republicans. And so was the president whose signature turned the bad legislation into a disastrous law. The protectionist gene may no longer be dominant among Republicans, but it's still an important part of the GOP's DNA.
Read the rest at Slate.com.

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