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Politics : View from the Center and Left

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To: JohnM who wrote (104318)2/16/2009 3:54:03 PM
From: Steve Lokness  Read Replies (2) of 541927
 
What does Mish have to say about Krugman today;

Message 25416954


Koan with all due respect, economics is not beyond anyone here. You simply refuse to see the obvious as well as what is logically true beyond a shadow of a doubt.

The Obvious
1) You cannot spend your way to prosperity
2) There is no free lunch

That is the obvious.
The reason you are having difficulty is you are listening to clowns like Krugman and Geithner who tell you what you want to hear. ............
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