When you put George Bush’s policies on steroids you get George Bush’s results on steroids. Under Bush’s Keynesian stimulus policies unemployment was 7.7 percent. Under Obama’s hyper-Keynesian policies unemployment is at 9.7 percent. As Keynes so famously said, “in the long run we’re all dead.” As an economist friend of mine pointed out many years later “Keynes is dead and we’re all in the long run.”
by Locker Room contributor