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Thursday, June 25, 2009

Fiscal Conservatism? Try stupid

Dear public radio,

When a Republican governor attempts to reject the federal stimulus dollars for his state, he is not "burnishing his fiscal conservative credentials," he is an idiot.  Basic macroeconomic theory (read: Keynes) tells us to increase government expenditures via direct spending or tax cuts to help mitigate an economic downturn.  Doing otherwise, and thus increasing the pain and suffering of your citizens by deepening the recession is not only dumb - how can politicians who claim to believe in markets have so little understanding of them? - it is immoral.

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