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Same Old, Same Old … And Something New From Us
by Anthony Wile
The Daily Bell
Over and over, the common wisdom is offered as if it were new or valuable.
A recently published Reuters editorial is a good example. Entitled “A crash course in growth economics,” it recites all the Keynesian dominant social themes we’re used to hearing and reading.
The article doesn’t even bother to explain the realities of 21st century economics but simply plunges into a critique of “congressional Republicans.”
Congressional Republicans are again digging in their heels against measures that would ramp up the economy and generate jobs. It’s time for Congress to take a refresher course in growth economics — the economic forces and programs that power U.S. growth.
The narrative then moves on to the arguments that US President Barack Obama should be making to generate significant economic progress. The Keynesian rhetoric grows shriller and shriller.
Continue Reading at TheDailyBell.com…
Source: http://financialsurvivalnetwork.com/2014/02/same-old-same-old-and-something-new-from-us/?utm_source=rss&utm_medium=rss&utm_campaign=same-old-same-old-and-something-new-from-us
