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WHALEN: And now a word from a job creator … – Washington Times

09/06/2011

Even Keynes would think Obama’s bunch are chumps

As a job-creating entrepreneur out here in the hinterlands, I am amazed at the Keynesian priests in Washington calling for more stimulus fueled by debt.

“The Rev.” Paul Krugman, “the Rev.” Robert Reich and their many cohorts argue that the stimulus was too small to offset falling aggregate demand and that the prescription for our laggard economy is another, bigger stimulus.

Those who talk about Keynesian economic theory think economic contractions are worsened and prolonged because consumers and businesses hunker down in caution, causing aggregate demand to fall. We can all agree this has happened.  […]

Read More at Washington Times.

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