827 Billion Reasons To Learn About Economics

John Maynard Keynes can be blamed. I know, I know; he's been dead for decades. You don't have to remind me. But that doesn't change matters.  Keynes has as much fault as anyone in this crazy stimulus mess.

We are learning that Congress is going to conference committee with an $827 billion stimulus package that was inspired by the queen of spendthriftiness, the princess of the profligate himself, John Maynard Keynes.  The notion that the government must borrow and spend America out of recession through the use of the printing press is as elborately stupid as it is predictable.

In the bizarro-world of keynesian-infused modern american politics, running the country off a cliff to save face before the plebs in the short term is not only a plausible possition, it's unquestioned. Of course we should play pretend and act like we know what we are doing!  Hoi Polloi expects it, the dumb bastards!  Inaction is impossible.

Arrogance with with a side order of super-sized armour propre.  It is truly an amazing thing to watch--not unlike a scheduled trainwreck.  It smells familiar, and dank. Like the amazingly demented orchestra of  silence before the Iraq War, where disbelief was suspended by an automaton press and Congress. 

You can see it in people's faces that they know it's all a farce.  Like a highschool senior playing along with his little sister about Santa Claus so as not to break her heart and spoil the fairytail. 

But this misanthropical, highly shortsigted mess of a bill is more a catastrophie than fairytail.  A fib that keeps giving if you will. It's fueled by ignorance.  Powered by fear, and looks to be out of any measure of control.

The logical conclusion of keynesian policy has come, writ large.  It is ugly.

In the past, critics of keynsian statism have argued that economic education will save us.  People must see the light.  Unfortunately the strategy didn't work.