I was thinking about Obama and all the Keynesians in power right now. Not just that all their ideas have failed up to this point. Not that, despite hundreds of billions of dollars being pumped into the economy artificially, we still can’t reduce unemployment in a significant way.
But that, what are they going to try next?
Are we going to see the broken window fallacy? (I mean again, the cash for clunkers deal is basically of this flavor.)
Will Obama start suggesting we destroy millions of homes in order to balance the economy, to put people back to work? It can’t be far off.
And these people are in power?
It’s so depressing to think about, it’s hard even to find the energy to write a few passing words on the topic.