Friday, April 27, 2007

Debunking Lou Dobbs

Now known more for his anti-trade anti-immigration screeds than any business acumen he once seemed to have, Lou Dobbs recently testified before Congress. Donald Luskin does a thorough debunking. I can't say, given Dobbs' history of "finding isolationism" (not unlike seemingly finding God for the man) not to mention sporting a new hairdo while he stared into the depths of plummeting ratings, that it seems to have been much of a difficult task.

Update: Club for Growth quotes Luskin as being funny but true:

"The advocates of free trade have on their side over 200 years of settled science in economics, going all the way back to Adam Smith. The advocates of protectionism have Lou Dobbs." -- Don Luskin

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