Idiot of the Day: Steve Austria

"When (President Franklin) Roosevelt did this, he put our country into a Great Depression. He tried to borrow and spend, he tried to use the Keynesian approach, and our country ended up in a Great Depression. That’s just history." - Steve Austria on Economic Stimulus Plan

Darrel Rowland of the Columbus Dispatch adds, "Most historians date the beginning of the Great Depression at or shortly after the stock-market crash of 1929; Roosevelt took office in 1933."

If my high school public education serves me right … Franklin D. Roosevelt is credited as the President who got us out of the Depression. If, Austria had any knowledge of history, he would note that FDR is the only President to have been elected to 4 terms. It is because of this that Republicans passed an amendment that limited Presidents to two terms thereafter.

Doesn’t seem logical that the American people kept voting for a guy responsible for the economic mess known as the Great Depression … does it? If Austria’s knowledge of history is any indicator of how astute he is on economics … I would not be entertaining his position anytime shortly.