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To: sickoflibs
No Amount of Stimulus Will Work
3 posted on 07/06/2009 7:39:50 PM PDT by BGHater (Insanity is voting for Republicans and expecting Conservatism.)
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To: BGHater

Thanks , From your link:

“The problem with Keynesian clowns is they never look ahead to when the stimulus stops. By definition “stimulus must end” and as soon as it does, unless the stimulus created lasting new jobs, there will be nothing to show for it other than debt.”

“And interest must be paid on that debt. And that interest has to come to come from somewhere, either more taxes, or printing money and cheapening the dollar. That means there is a price to pay down the road for stimulus today. Keynesian clowns act as if there is no price down the road.”


4 posted on 07/06/2009 7:49:18 PM PDT by sickoflibs (Socialist Conservatives: "'Big government is free because tax cuts pay for it'")
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