Keynes Must Die
By Llewellyn H. Rockwell, Jr.
May 23, 2016
In 2012, Barack Obama warned that the United States would fall into a depression if Ron Paul’s plan to cut $1 trillion from the federal budget were enacted.
Wait, I beg your pardon. It wasn’t Obama who warned that budget cuts would lead to a depression.
It was Mitt Romney.
Romney went on to become the nominee of the self-described free-market party.
An ideological rout is complete when both sides of respectable opinion take its basic ideas for granted. That’s how complete the Keynesian victory has been.
Continued...
https://www.lewrockwell.com/2016/05/lew-rockwell/keynes-must-die/
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