Rantings and tirades of a frustrated economist.
BRILLIANT!Obama's Cunning Plan should work for sure this time!
So, Fearless Leader is now officially trying to get out of a hole with a BIGGER shovel?
As an economist you know that expectations matter. You must take the deflation enemy by surprise. As the magnificent Marshall said:"Doing precisely what we've done 18 times before is exactly the last thing they expect us to do this time"Oh boy, will the American population be surprised when an insolvent government issues another $1000 billion stimulus bill! There will be a rain of green confetti on the streets!
I agree, brilliant!I guess after the success of all the Japanese government spending, they figure it is going to work in America.That old quote from Regan,"government is not the solution, government is the problem", seems to sum up all of today`s issues.
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