I have been studying the Great Depression intensely lately to gauge the similarities in conservative narratives at that time in relation to what we have to put up with now. Several so-called conservative historians have in the recent crisis endeavoured to reinvent history. The problem for conservatives is that the lessons of history are firmly supportive of the view that when non-government spending growth lapses, growth can be engendered with an increased contribution from government net spending. It is a proposition that is glaringly obvious in concept and stands the test of time. The conservatives hate that reality. So instead, they have only one recourse to attempting to match the facts with their erroneous theories about fiscal policy. They have to reconstruct the facts – a process that includes leaving important facts out and focusing on irrelevant correlations; fabricating facts; using definitions that no-one else would consider reasonable and then blurring the definition – and more. It is really quite pitiful.