The View From 1776

Government Stimulus Spending: Differing Perspectives

President Franklin Roosevelt, speaking of the intractable Depression, sourly admitted that Keynesian fiscal policy, in theory, was the simplest thing in the world, but in practice, a disaster.

A thoughtful reader, who generally disagrees with me, posted the following as part of his comment responding to The Bigger the Government, the Harder the Economic Fall:

I must confess that I find your