Monday, January 26, 2009

John Maynard Keynes - All Growed Up!

Thanks to Greg Mankiw for a great link on everyone's favorite cult hero.




I'd link to you Greg but I can't cut and paste on the iPhone.

Anyways, we are in an era where everyone is looking for stimulus spending on anything and everything in the name of fixing what's wrong. Are weeven trying to fix the economy or is this just an excuse to spend for the sake of spending?

It all started out as fixing the housing industry and folks who are stryluggling month to month. Now money is flying everywhere. Banks and insurance. Car companies. Renewable energy. Birth control

Like a big snowball rolling downhill and suckin up everything in the path.



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