packratnomics

Paul Davidson writes:

I am not surprised by the failure of the Obama Administration to win over the American people to a progressive economic program.

After all, we all hate Franklin Roosevelt. Right? Wasn’t he related to the Czars?

Paul Davidson argues that the Obama Administration and its allies in Congress have not actually followed the prescriptions laid out by the British economist Lord Keynes in making economic policy – and that this is a principal reason for their failure to deliver.

Who’s Lord Keynes? Oh, I remember. He’s bro’ of Karl Marx and begat the loather Hunter Thompson. Wingnuts know so much Adam Smith, just enough to keep evolution true, because it sells. No government. No tax. We’re free boat hands after all, last on deck, last on deck, but juicing stagnation. Yes, as Republicans say, you’re better off with that ol’ Reagan revelry.