December 16, 2011

Ron Paul & The Economy


I admire Mr. Paul's consistency. It is unfortunate that he is often wrong in what he believes. The economic community and the President need to accept much of the blame for the citizens not buying into the idea that we need to stimulate. The population has never been educated about the benefits of Keynesian economics. It is a complex subject that somene needs to simplify so  a  phD from Princeton is not needed to understand.

Some of the basics that need explaining include: 1) Can we afford another stimulus given our present debt load and, 2) given the fact that so much of our consumption is from abroad, will we really be stimulating our economy? More: http://bit.ly/vA5i2U

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