Thursday, September 2, 2010

Mentally unbalanced: Let's spend more

A sure sign of being mentally unbalanced is when you do something and it causes problems or does not work, yet you keep doing it over and over hoping that it will work.

So the chief economic advisor to Obama, who is quitting her job to go teach at Berkeley (which should tell you something), wants our government to do some more stimulus spending, with money we don't have, to fix things.

How stupid can a person be? Is there anyone in this administration who has any sense of reality? From the Washington Post:
She had no idea how bad the economic collapse would be. She still doesn't understand exactly why it was so bad. The response to the collapse was inadequate. And she doesn't have much of an idea about how to fix things.
Yet Christina Romer wants to tax less and spend more. So more of the same bad economic policies, which haven't worked, should be tried again. I feel sorry for her students, who will learn nothing from this idiot.

Even the Europeans, with their grand experiment with socialism, have seen the light. Their economies are actually on the mend, while our economy is stagnating, or getting worse.

It's been proven over and over again that socialist, central planning policies don't work. So why would anyone try them again? Only the mentally ill would.

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