Tuesday, May 01, 2007

Lusking Eviscerates Lou Dobbs

Donald Luskin rips Lou Dobbs a new one at National Review On Line:

Last month, when Dobbs testified before Congress, it was not just a case of preaching to the choir, or even the blind leading the stupid. It was vivid proof of Goethe’s famous dictum, “Nothing is more terrible than ignorance in action.”

Let’s take a look close look at Dobbs’s testimony. It was long on impressive-sounding claims based on apparently authoritative statistics. But virtually every seeming fact that Dobbs cited is flat wrong.

And finally:

A cavalcade of error and statistical misrepresentation was the best the superstar of the protectionist movement could do. When it comes to the facts, Dobbs ought to consider a more liberal personal trade policy. If he wants the truth, he’ll have to import it from someplace else. He’s fresh out.

I have said here many times that protectionism is the greatest threat to our prosperity. Lou Dobbs is a dangerous man and one would think CNN would want him to use actual facts rather than his made up ones. Politicians only need small encouragment to do the wrong thing and Lou Dobbs gives them a big audience. Why exactly was Lou Dobbs testifying before Congress about trade anyway? They couldn't find anyone more qualified?

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