Drink the Kool-Aid

The details of the proposed “stimulus” package have come out. The Wall Street Journal has a good article about where the money will be going and, surprise, most of it can’t be remotely defined as stimulus. And here is a rather long but good article about how Keynesian theories have been disproved time after time. It’s a shame that we’re going to saddle our children and grandchildren with this nonsense. But hey, Hope and Change baby, Hope and Change.

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3 thoughts on “Drink the Kool-Aid

  1. That was a good article on the flaws in the Keynesian theory, I think we are extending the depth and duration of this cycle with the fiscal and monetary actions underway.

  2. Good blog. Your blog “image” looks like the “shire” from Tolkien’s “Lord of the Rings”. Looks like a nice place to live as long as one isn’t going to be bothered by Orcs.

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