Proof’s in the pudding

Regarding Scott Anderson’s letter (Your Views, Sept. 9): In September 2005, the Cato Institute published a bulletin “The Government and the Great Depression.” The conclusion: “New Deal interventions were not only bad for the economy, but favored fat cats over average families. Most farm subsidies went to major land owners, not small-time farmers. Required reductions in farm acreage devastated poor sharecroppers. Efforts to keep farm prices high led to the destruction of food while millions of families went hungry. Compulsory unionism led to discrimination against blacks because it gave monopoly power to union bosses who often didn’t want them hired. NIRA cartels prevented entrepreneurs from cutting prices for consumers. Roosevelt’s strategies of handouts, federal jobs, subsidized loans, demonizing businesses and public works projects in swing states worked well politically. But economically, Roosevelt and his ‘brain trust’ had no idea what they were doing. They attempted one failed intervention after another. The Great Depression was a disaster, and sadly an avoidable one.”

Nothing to do with tax cuts! Sounds like Barack Obama’s policies, but the proof is in the pudding. Today, a booming economy, unemployment at historic lows, more people working than any time in history because of President Trump’s policies — tax reform, removing business-killing regulations, and promoting job creation and individual responsibility and accountability. Obama and his minions are trying to take credit but to paraphrase part of an old joke, “Who are you going to believe, Obama or your lying eyes?”

Dave Osborn, Yukon