“Any idiot knows that spending money does not lead to prosperity.”
Well, actually the point of the editorial was to say there are blithering idiots like Larry Summers and Barack Obama who actually disagree with that assessment. Fortunately, there are real leaders in the world such as Angela Merkel who are more inclined to take an “evidence-based” approach to fiscal and monetary policy. These leaders will rebuff Obama’s self-serving efforts to convince them that the solution to a hangover is another round of drinking.
Obama DOES know that spending doesn’t lead to prosperity. Prosperity is not his goal. Power and destruction of all that is good and decent and productive. That’s what his gang is about. They are driven by bitterness, hatred and envy.