KEYNESIAN ECONOMICS IS WRONG: BIGGER GOVERNMENT IS NOT A STIMULUS
This video explains exactly what has happened with the idea of government "spending" to "stimulate" the economy. Why it hasn't worked... and why it won't work now.
Nice and attractive idea... just a dumb idea.
H/T Jeremy
posted by XtnYoda at 8:34 PM
3 Comments:
I hope someone steps up in Congress and reviews the proposed stimulus plan very thoroughly before reacting!
You know... it is kind of weird because congress has asked for some documentation about where the money is actually going and they have been met by... resistance?
Full disclosure... huh?
“Barack Obama will require you to work. . . . Barack will never allow you to go back to your lives as usual, uninvolved, uninformed.”
Michelle Obama
Someone needs to get out of their ivory tower-JT
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