Economics Policy

Classic problem with left-wing economists

This article from Slate does a very decent job at explaining how bad the economic situation is and will most likely remain so for the foreseeable future. Then near the end, the classic Keynesian slip, “That is not to say that there is nothing to be done, of course, or that the current state of affairs is inevitable. More stimulus or more aggressive monetary policy could help the economy, boosting employment and keeping the self-sustaining recovery going. But such measures are unlikely, given Congress’ concern with the debt ceiling and cutting spending [Emphasis mine].” Print more money? Great idea–bring on hyper-inflation!

Sean Dempsey
Sean Dempsey moved to New Hampshire as one of the first 100 ‘Free Staters.’ He supports unabashedly shouting the liberty message from the rooftops. No pale pastels; Sean believes Libertarians need vibrant and bold messaging and that the message of freedom is not something to be embarrassed by.
http://dempseyestates.com

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