Wanted: Skeptical Economists
Proficiency in the Problems With Keynesian Policies a Plus
According to the Associated Press, ‘only one outside economist contacted by Obama aides… voiced skepticism about the need for an economic stimulus.’ It turns out that that economist was Greg Mankiw (whose blog you ought to bookmark), and he advised President Bush — so his opinion is apparently of questionable value anyway.
With that in mind, House Republican Leader John Boehner wants to hear from credentialed American economists who question whether $1 trillion more in deficit spending for pork-barrel projects is what we need to get the economy moving again. You can sign up here.
Are Obama and the Associated Press wrong about the value of a plan to throw money at the problem? There’s a first time for everything.