The American Spectator

p> DUE DILIGENCE br> Re: Peter Ferrara’s Is This What Our Economy Needs? : /p>

The answer to the question posed by Peter Ferrara in the title to his article, “Is This What Our Economy Needs?” is a resounding NO! The HilBama economic programs are little more than the warmed-over, moldy old policies of the New Deal.

p>For anyone interested to find out what really happened, I highly recommend FDR’s Folly: How Roosevelt and His New Deal Prolonged the Great Depression by Jim Powell. The subtitle says it all. br> — Gretchen L. Chellson br> Alexandria, Virginia /p>

Mr. Ferrara correctly predicts major problems for the economy should either of the putative Democrat candidates be elected this November. But, seriously, am I expected to therefore conclude that the solution is to elect a Republican candidate who advocates much of the same things? When McCain admits his ignorance of basic economics, as he has done, and asserts that he needs to study the subject in preparation for his ascendancy to the most powerful office on earth, this speaks volumes about what the future holds for this country. At age 72, one would assume that this man has already become familiar with economic theory and has positions that he has acquired and holds based on his life-long research. It is beyond pathetic that a candidate has to “crib” for the American presidency.