No. The economic mantra for both parties is "say whatever it will take to win." Neither party has a grip on the economy. It's pathetic. It's possible that the economic measures smart people take in their own homes won't work on a federal scale I suppose. I'll never understand it because I deal with real money in my house; the government is dealing with imaginary money on such a broad scale that I don't think they really have a clue as to how much money we really have.
In 1936, the most evil man of the 20th century,
John Maynard Keynes, published
The General Theory of Employment, Interest and Money, or, as it should be subtitled,
Economics for Control Freaks and Fascists.
Stripped of it's high-falutin' gobbledegook, it basically provided governments with justification to fiddle with the money supply... sorta like saying it's okay to put a printing press in the basement and just print the money you want to spend, as long as you have the guns to proclaim yourself a government.
Because his economic theories justify meddling in the economy, they're still the darling of politicians, intelligensia, bankers, and corporate robber barons around the world. If you want to know how far they've carried it in this country, I'd recommend this little video,
Fuzzy Numbers, from Chris Martenson.
Oh, and I'd also like to indulge in a little character assassination by pointing out he was still on the board of the British Eugenics Society in 1945. In 1946, before his death, he declared eugenics "the most important, significant and, I would add, genuine branch of sociology which exists."
I'm not one to support book burning; that said, I know of one I'd gladly see thrown on the bonfire.
Anybody care to ask how I really feel about him?