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To: Brian Sullivan who wrote (5813)3/31/2001 12:57:06 AM
From: Bernard Levy  Read Replies (1) | Respond to of 6531
 
No, the Fed did more or less its job in 1930,
but Herbert Hoover had the brilliant idea of
raising taxes to balance the budget (Daschle
and Gephart hear this) and Congress also passed
protectionist law.