The view of Keynes that Republicans suddenly seem to like best. (UPI)
Its curious to hear Republicans suddenly talking about the urgent need for fiscal stimulus. For the past eight years, including the darkest days of the Great Recession, they tried to convince us that fiscal stimulus doesnt work, and that the only way to really boost economic growth is to cut the budget deficit. But now that they are about to get their hands on the federal checkbook, Republicans have decided that we are all Keynesians once again.
To anyone serious about economic analysis, it should