Nearly every day, more Keynesian and Monetarist clowns show up trumpeting the benefits of more government spending and more financial debt. For example, please consider the Telegraph article Ben Bernanke needs fresh monetary blitz as US recovery falters by Ambrose Evans-Pritchard. Fed watchers say Mr Bernanke and his close allies at the Board in Washington are worried by signs that the US recovery is running out of steam. The ECRI leading indicator published by the Economic Cycle Research …

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More Keynesian Clowns Come Out of Woodwork; No policy is ever bad enough to abandon it