The View From 1776
Friday, August 21, 2009
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