Obama Wants Some Stimulation

There is only one good thing I can say about the bailouts and the stimulus packages. We are going to see the empirical failure of Keynesian economics. Once and for all, the economists will have the data they need to finally discredit this stupidity once and for all. Unfortunately, socialism still lives, and I suspect the same will be true for Keynes.

The key to Obama's success on this is ramrodding it through Congress as quickly as possible without reflection or consideration. We don't have time to think. Thinking makes it worse.

The reality is that spending makes it worse. But the American public is filled with economic illiterates, and the government will fuck us all hard and deep. Sad sad sad.

* * *

You can read more of my political commentary at the SC Liberty Blog.

Posted in: