200+ Economists Back Cato’s Anti-Keynesian Message to Obama
The full-page ad below was featured in such widely circulated newspapers such as the Wall Street Journal and New York Times. Take a second to help spread this message by Digging the story. As implied by Obama’s quote at the top of the ad, he unfortunately believes (or is purposefully communicating that he believes, to lessen opposition) that his call for even more government intervention in the economy is supported by everyone.
It’s true, such a plan has obvious supporters like the Fed and Big Business and some not-so-obvious supporters such as so-called “free market” Heritage Foundation (see Bureaucrash’s pushback to their stance) but there are many groups, such as Cato and the Competitive Enterprise Institute and others that have remained principled on this issue.
Think about it this way: If all that is needed to better the economy is for the Feds to print and spend hundreds of billions of dollars then why stop there? Why not double, or quadruple the amount?
For more go to Cato’s Fiscal Reality Center. And check out the Enjoy Capitalism and Stop Rentseeking overviews on Bureaucrash Social for some intellectual ammo.
