Saturday, July 03, 2010

Putting America Back to Work

... is something you hear all the time from politicians on both sides of the aisle, but what does it really mean? As near as I can tell, an accurate translation would read something like this:

"We will borrow money from the Chinese to pay you to do something that no one else would pay you to do because there is no profit in it at all."

And that, in a nutshell, is Keynesian / Obamian / moderate Republican economics.

1 comment:

Lizbeth said...

Pretty helpful piece of writing, thanks so much for your post.