FRONT PAGE CONTRIBUTOR
We are all Keynesians now, if you define ‘all’ as ‘< 12%.’
While influential 20th Century economist John Maynard Keynes would say it’s best to increase deficit spending in tough economic times, only 11% of American adults agree and think the nation needs to increase its deficit spending at this time. A new Rasmussen Reports national telephone survey finds that 70% disagree and say it would be better to cut the deficit.
In fact, 59% think Keynes had it backwards and that increasing the deficit at this time would hurt the economy rather than help.
To help the economy, most Americans (56%) believe that cutting the deficit is the way to go.
Hey! How about another speech? That might work.
PS: This is a good excuse to post this.
Crossposted to Moe Lane.