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-Lurid Crime Tales-
Nearly 200 Leading Academics Go on Record Opposing Obama's Solution
2009-01-28
Notwithstanding reports that all economists are now Keynesians and that we all support a big increase in the burden of government, we the undersigned do not believe that more government spending is a way to improve economic performance. More government spending by Hoover and Roosevelt did not pull the United States economy out of the Great Depression in the 1930s. More government spending did not solve Japan's "lost decade" in the 1990s. As such, it is a triumph of hope over experience to believe that more government spending will help the U.S. today. To improve the economy, policymakers should focus on reforms that remove impediments to work, saving, investment and production. Lower tax rates and a reduction in the burden of government are the best ways of using fiscal policy to boost growth.
There follows the names of almost 200 academic leaders, listed by University.
Posted by:Lone Ranger

#7  I would be angry if I thought the clowns were against me and knew what they were doing. The clowns do not have a clue on how to get us out of the Barney Frank recession.
Posted by: whatadeal   2009-01-28 17:27  

#6  Japan's lost decade was the product of Japanese "honor" which compels pay-back to those who make bad investments. Investors should suffer for ill-advised moves. Floridans should be feasting on the foreclosed property market, but can't because potential buyers fear regulated trustees who try to float non-viable assets. Post 2000, every small time builder wanted to be Donald Trump. I am not losing sleep over the collapse of the luxury condo craze.
Posted by: Dopey Clusonter1232   2009-01-28 15:46  

#5  I know at least one academic who would've voted McCain - couldn't though, as he's just a Brit in the USA. There are quite a few right-thinking academics out there, but they're particularly vulnerable to leftist hate if they speak their minds. And academia is a pretty cosy community.
Posted by: Bulldog   2009-01-28 13:33  

#4  Who cares what the little people have to say, We have spoken and so shall it be.

hmmm I see they signed their names... Rahm, make sure this doesn't happen again. You know what to do
Posted by: President Obama   2009-01-28 13:24  

#3  To improve the economy, policymakers should focus on reforms that remove impediments to work, saving, investment and production.

Well, that's so basically against the foundation and tenets of the Donk Party, it's DOA. If they had sweetened that deal with "...thus providing more money for reelection funds, nepotism, and just outright graft.", they may have gotten at least a fleeting notice.

Posted by: Procopius2k   2009-01-28 10:24  

#2  Not listed herein, Dr. Barron H. Harvey Dean of Howard School of Business voted 'present.'
Posted by: Besoeker   2009-01-28 10:23  

#1  Hard to believe there are 200 much less 2 academics in this country who disagree with a left-wing socialist radical. Bill Ayers probably has a bomb built for each one.
Posted by: Jack is Back!   2009-01-28 10:09  

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