DWCAP, I think that sums it up nicely. Keynesian stimulus would work wonders, if we hadn’t already been doing it every year pretty much for the last 40.
If we hadn’t we wouldn’t be in this mess, but by all means lets listen to Paul Krugman et al. As everyone knows, Nobel prize winners don’t have an agenda and speech writers for Nixon inherently have their pulse on the heart of the finance based economy.
