Re: [Pen-l] query

[Carrol Cox <cbcox@xxxxxxxxx>]

Jim Devine wrote:
> 
> >> one advantage of "Calvin Coolidge Capitalism" is that it has a frisson
> >> of humor.
> 
> Doug:
> > One disadvantage: who the hell knows who Coolidge is?
> 
> okay, but who's a better person to exemplify neoliberalism? not Reagan.
> --
> Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own
> way and let people talk.) -- Karl, paraphrasing Dante.

Well the humore to be found in humorless Cal is enough to fill up
another page of history sneaked in. Whether or not we are entering a
'Depresdsion' now (we're certanly entering a hell of a recession*), more
people ought to be acquainted with Coolidge and _his_ part (greater than
Hoover's?) in contributing to that early big recession. It will be a
year or two before we know whether we're facing a depression or not,
during that period people will continue to be a bit or more than a bit
scared, and scared people are more apt, I would guess, to be willing to
take some history in their diet if it isn't too heavy.

Carrol

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