Here you have the teacher and the students. Milton Friedman is speaking self evident historical truths and there you have Phil Donohue deer in the headlights stare thinking so hard trying to retort but fails miserably. Phil Donohue's reaction is very relevant to the situation we are in today. Phil is like so many today, who no matter what empirical evidence is presented to them, they refuse to believe they could be wrong even if their argument has no basis. A perfect example is the Tim Geitner appointment, only this guy could be Treasury Secretary, everybody knew this guy was a tax cheat, idiot, whatever, they all went along. Every time this has happened I am reminded of the fable of the King's new clothes.
Enjoy. It is only 2:24 minutes.
http://www.youtube.com/watch?v=RWsx1X8PV_A
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