Wednesday, September 4, 2013

Pointing a Finger at a Useful Idiot

"Indeed, going back to President Obama's much-vaunted $787 billion government spending "stimulus" in 2009, Samuelson didn't even bother to question whether the extraction of $787 billion from a limping economy in order to redistribute it might be an unwise move. He didn't given his belief that reduced government spending is "precisely the wrong" step "in a severe slump." Samuelson's problem with the alleged "stimulus" back then was that it was mostly "a political exercise." Ok, by that funny logic, how is government spending whereby money is taken from one set of hands and placed in the hands of others ever not "a political exercise"?"

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