I was thinking about all the things we are doing to try to get out of this economic crisis. Do any of the following steps make sense and why aren't economists speaking out against them?
I know economists can't control everything in the world, but can't they at least speak out publicly against some of this nonsense that violates common sense? It seems to me the economics profession has been captured by corporate and banking interests and political posturing that violates all sense of reason and logic.
- To control our deficits we keep proposing plans to cut taxes and increase stimulus spending instead of raising taxes and cutting spending.
John R. Talbott is a best selling author and economic consultant to families. You can read more about John at www.stopthelying.com.
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