"Oh and next commentator that says "we have to so something"(free market?,Hover?) or "no one knows what to do"(Great Depression. S&L, 1990's Japan) well I will just yell at them. I would threaten they with me sending them some books but I am not going to waste the time."
Then to day via Gateway Pundit- 200 Top Economists Say "Stimulus" Bill Won't Work
People with "degrees and stuff"say about the same.
"With all due respect Mr. President, that is not true. Notwithstanding reports that all economists are now Keynesians and that we all support a big increase in the burden of government, we the undersigned do not believe that more government spending is a way to improve economic performance. More government spending by Hoover and Roosevelt did not pull the United States economy out of the Great Depression in the 1930s. More government spending did not solve Japan’s “lost decade” in the 1990s. As such, it is a triumph of hope over experience to believe that more government spending will help the U.S. today."Congreesss? Oh Congreesss. It is possible that the fix for the economy is not crystal clear but what won't work is pretty freaking crystal clear. I am desperately hoping that the public support for this keeps crumbling. I also hope the friction from the newspeak of Pelosi saying thing like 'most Republican voters want this package too' causes her to burst into flames.
There is always the more entertaining take.
Overnight Open Thread. Now with more Stimulus Package
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