acudoc

Federal Commitments Now Total $5 Trillion

The tone of this article is wildly optimistic and is rehashed Keynesianism at its worst. If bailouts are so great, why don't we just give everybody a trillion dollars and be done with it. Then we would have some spending power, by golly! Then we can all be rich together. Of course, nothing will be produced but we sure will have a boatload of paper money to use. We could play Monopoly all day long while we boil our grass soup dinners using dried twigs collected by...by... no one, actually, we're all too busy playing Monopoly with our new enriching paper money.

Zimbabwe here we come. Thanks, all you economic experts, for making it possible. You're so scientific, and you gotta love those charts!