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Thursday, January 19, 2012

The So-called Stimulus Is Over, But The Crushing Debt Burden Remains

The fabled Keynesian “multiplier” boost to the economy from government deficit spending once again, as it always has since the 1930s, failed to produce promised results.  Now even more wealth, via taxes and currency inflation, will have to be sucked from working citizens to pay off the trillions of dollars of debt Obama fecklessly dumped on workers.

Posted by Thomas E. Brewton on 01/19 at 04:34 PM
Economics • (0) Comments
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