It Has Been Obvious All Along, To

Bad Ideas Flourish Because They Are In The Interest Of Powerful Groups.

To The Extent That Sacrifices Need To Be Made, Shouldn't The People Who've Made Out Like Bandits This Past Generation Be First In Line? The Problem With Getting Out Of The Slump Is That We Need To Spend More. It's Not That Somebody Needs To Spend Less. We Have Idle Workers Who Have The Skills And The Willingness To Work. We Have Idle Factories. Dealing With This Is Not About Saying Somebody Needs To Suffer. It's Saying That We Need To Be Prepared To Open The Taps.

If We Discovered That, You Know, Space Aliens Were Planning To Attack And We Needed A Massive Buildup To Counter The Space Alien Threat And Really Inflation And Budget Deficits Took Secondary Place To That, This Slump Would Be Over In 18 Months. ... There Was A Twilight Zone Episode Like This In Which Scientists Fake An Alien Threat In Order To Achieve World Peace. Well, This Time, We Don't Need It, We Need It In Order To Get Some Fiscal Stimulus.

I Think Stockman Is An Interesting Sort Of Amalgam.

...academic Credentials Are Neither A Necessary Nor A Sufficient Condition For Having Your Ideas Taken Seriously. If A Famous Professor Repeatedly Says Stupid Things, Then Tries To Claim He Never Said Them, There's No Rule Against Calling Him A Mendacious Idiot - And No Special Qualifications Required To Make That Pronouncement Other Than Doing Your Own Homework.conversely, If Someone Without Formal Credentials Consistently Makes Trenchant, Insightful Observations, He Or She Has Earned The Right To Be Taken Seriously, Regardless Of Background.