The New York Times isn't known for posting many tasteful articles, but they've taken their knack for bad journalism to a new low. Back in April, David Leonhart, who writes for the New York Times business column, had this to say about Hitler and Nazism:
In the summer of 1933, just as they will do on Thursday, heads of government and their finance ministers met in London to talk about a global economic crisis. They accomplished little and went home to battle the crisis in their own ways.
More than any other country, Germany--Nazi Germany--then set out on a serious stimulus program. The government built up the military, expanded the autobahn, put up stadiums for the 1936 Berlin Olympics and built monuments to the Nazi Party across Munich and Berlin.
The economic benefits of this vast works program never flowed to most workers, because fascism doesn't look kindly on collective bargaining. But Germany did escape the Great Depression faster than other countries. Corporate profits boomed, and unemployment sank (and not because of slave labor, which didn't become widespread until later). Harold James, an economic historian, says that the young liberal economists studying under John Maynard Keynes in the 1930s began to debate whether Hitler had solved unemployment.
He then went on make this brilliant statement:
"Here in the United States, many people are understandably wondering whether the $800 billion stimulus program will make much of a difference. They want to know: Does stimulus work? Fortunately, this is one economic question that’s been answered pretty clearly in the last century. Yes, stimulus works. "
In essence, the NYT essentially cited the so-called success of Hitler's stimulus plan as support for that of Obama's . What's ironic is that its the liberals who have falsely accused those on the right of racism, anti-semitism, (Ann Coulter ring a bell?) and now we find them turning to the Third Reich for support of their plans.
Nice double-standard Mr. Leonhart. What will you think of next?
Sources
http://tinyurl.com/kr7k8h
http://tinyurl.com/oy82ez
1 comments:
I am amazed at the level of intellectual bankruptcy expressed by the NYT.
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