I never thought I’d be cheering NPR, but Michelle Norris really makes Sen. Baucus squirm. Sure her economic theory is off, but some of her questions are spot on.
Norris: “Will this stimulus package in the end add to the nation’s deficit woes?”
Baucus: “Well … it’s … um … My thought is … It probably will initially, but all economists say we should do this. All … I’m not saying all, the vast majority of economists say we should do this. We need to give the economy a little bit of a stimulus, a little bit of an increase. This is the advice we were given by economists. This is the advice we were given by business people. It’s I think the right thing to do at this point.”
The vast majority of economists, or just the Brain Trust? Didn’t Rothbard write a book about this? Funny how history repeats itself.
Ok, it’s not actually funny — more like ironic, but you get the point.
Go NPR!
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Thank goodness America has politicians who understand the importance of giving the economy a little bit of an increase.
If the vast majority of economists told Senator Baucus to jump off a cliff, would he do it? Is he incapable of thinking for himself?
We’re being led by morons.
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