Over Stimulated!
To return to prosperity, we must cut taxes, curb spending and crimp regulations
By Guest Column —— Bio and Archives--September 8, 2010
American Politics, News | Comments | Back To Full Article
By William F. Shughart II
OXFORD, Miss. — During the Great Depression, economist John Maynard Keynes recommended increasing federal government spending, financed by borrowing, to boost the U.S. economy. It didn’t matter how the new money was spent. If no better use could be found, Keynes suggested building pyramids or burying currency in bottles for people to dig up.
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