Dan Mitchell of the Cato Institute does an excellent job explaining why Keynesian fiscal strategies do not work in this new video from the Center for Freedom and Prosperity Foundation.
With President-elect Barack Obama proposing a massive government spending plan, and even some conservatives promoting a tax version to boost economic growth.
It’s more important than ever to combat the myths of Keynesianism with President-elect Barack Obama proposing a massive government spending plan, and even some conservatives promoting a tax version to boost economic growth.
12.15.2008
Why Keynesian Economics Is Wrong
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3 comments:
YES! YES! YES! YES! YES! YES! YES!
Q.E.D.
I take it you enjoyed the post? lol
Uhhh, uhhh, ahhhhh! My head is about to explode for this infusion of common sense and truth!!! This needs to be made available far and wide! What is wrong with people that they don't understand such simple principles?
Boom goes my head!
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