The New York Times Comes Clean About the Commerce Clause
There are many myths about the current political scene, although one never would know it from reading the New York Times, and especially its editorial pages. For example, Paul Krugman continues to insist that Herbert Hoover followed the “liquidationist” advice of his treasury secretary, Andrew Mellon, and followed an “austerity” path. However, as Murray N. Rothbard noted in his classic America’s Great Depression, Hoover intervened in the economy at levels never seen before in U.S. History.
Furthermore, in reading Krugman’s blog and his columns, we are told that Republicans believe in “shrinking” government and cutting spending. Why? Grover Norquist once said that Republicans should reduce the size of government to a point where they can “drown it in a bathtub.” Therefore, according to Krugman, that is what Republicans actually do.
And now… the rest of the story. …..