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According to the newest winner of the Nobel Memorial Prize in Economic Sciences, the government should throw caution to the wind and spend a lot of money. Read The New York Times, Franklin Delano Obama?
This is the second time that Paul Krugman has recommended a major fiscal stimulus in the form of actual government spending.
Will the Dems be able overcome their reluctance (NOT) to spend government money?
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Government is not the way to go. With all of FDR's policies and more like them, we are still in an economic mess.
ReplyDeleteOn the other hand the neocons want to allow corporations to rule and that's a mess too. We should not have fascism or socialism.
We should have true free markets with no guarantee from the government. If someone wants to invest with others the government should not allow them limited liability.