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FRONT PAGE CONTRIBUTOR

We are all Keynesians now, if you define ‘all’ as ‘< 12%.’

But no doubt the administration just needs to explain the situation better to the American people.

No doubt.

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.

Moe Lane

PS: This is a good excuse to post this.

Crossposted to Moe Lane.

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