Tax Tea Partys & Government Economic Outlooks

I noted with interest that one pundit suggested yesterday's simultaneous economic addresses by Wonderboy and Helicopter Ben were not accidental.

While neither has solid evidence, both held out glimmers of hope for economic 'recovery,' just in time to attempt to blunt tax day Tea Party turnouts.

It makes sense. At a time of unprecedented spending, outside of world-scale wars, how else to try to convince people that everything is really alright. Not to protest higher taxes for printing money to give to poorer Americans?

What exactly our First Rookie would know about economics is beyond me. Dick Armey, retired economics professor and former GOP House Minority Leader, explained that even Keynes would object to such large-scale deficit spending in these times. Because a deficit is already being run, and a balanced budget is nowhere in sight, Armey pointed out that these conditions are in no way compatible with Keynesian temporary stimulus spending.

And, for good measure, Armey noted that there are economists, him being one, who do disagree with the entire stimulus concept as perpetrated by Wonderboy.

I think only someone as economically clueless as our president could believe that a recovery is around the corner, and that his spending and taxes will help.