J-Man

CNBC's Gasparino Problem

This writer Salmon writes wonderful comedy. While masquerading as a former reporter with Euromoney and therefore presumably objective, he provides nothing but U.S. Democratic and U.K. Labour Party talking points. Does anybody really think bringing the world back to the wacky Keynesian policies of the 60's and 70's is a good thing for the global economy? Does anybody remember pre-Thatcher Britain or the 1970's in the U.S., when all the governments could do is spend money in recession after recession, to no avail. And this Salmon fellow thinks that somehow Gasparino is over the top because he has the nerve to suggest that raising might be negative for economic growth. Does anybody read history anymore?