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August 26, 2011
With Barry On Vacation, Joe Steps In To Talk About Economy
Topics: Political News and commentariesWith Barry away playing golf, Joe steps in to give us more of the same old keynesian dribble:
U.S. Vice President Joe Biden said on Friday the U.S. economy needed more stimulus to get it moving, putting in a plug for government measures shortly before the White House unveils new proposals to boost job growth.Whether it's Barry or Joe, doesn't matter ... the story's the same: More spending, more debt, more wealth redistribution, a bigger deficit, and more debt.
Related must-watch video: Keynesian Economics Is Wrong: Bigger Gov't Is Not Stimulus:
And in the way of some good news ... Bernanke signals no new steps by the Fed to boost the economy, which means he won't be printing more money that does little more than devalues our dollar and contribute to the edge of stagflation we've already arrived at.
For a little background on why the Dems are all wrong on the economy (as was George Bush on TARP, etc), check out: Eight Reasons Why Big Government Hurts Economic Growth (from 2009):
Other related: The Refi Delusion - Instead of refinancing mortgages, the government should speed up foreclosures.
Posted by Richard at August 26, 2011 11:55 AM
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- With Barry On Vacation, Joe Steps In To Talk About Economy - Aug 26, 2011
