I Can't Wait

I wonder to myself how someone would answer if I asked how they, or anyone, would have dealt with the economy rather than Obama. It’s important though to remember that they would have handled it the exact same way he did. You see, it’s not they who handle the economy, but the economy who handles us.

But, how would they answer? well, Krugman has that all categorized for us (expansionary austerity). One of the answers I know he hates is when a Very Serious Person says that “we need to inspire confidence in the American consumer by making sure we hold back spending on services they need and making sure those richer than them can continue to buy things.”

Obviously, this would then create confidence, by not giving people money, to go ahead and start purchasing things with the money they don’t have yet. I think I remember this before, and it evolved remarkably well.