Friday, February 20, 2009

My P.E. Brain

Figure there are 300 million people in the US. Why not give each household, possibly 80 million homes, a gift of 1 million dollars to spend as they wish. Spending would be immediate and surely help get us out of this 'crisis' to meet that oft mentioned phrase, to meet the challenges of the 21st Century. Sound like a winner"?
Larry Summers, White House economic guru on the Charley Rose show: When asked his economic philosophy he stated: "Keynesian". I think that's socialism.

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