Sunday, July 24, 2011

Carl Bernstein says..

What’s happening here is business owners, especially those with smaller operations who lack access to faster growing emerging economies, are having trouble forming expectations about future demand. So they can’t plan ahead. That makes them nervous and risk averse in the present.

Getting rid of “Obamacare” wouldn’t help them a whit. Generating some demand could help them a lot. On the Economy

I suppose we could fund the Department of Demanding, fund it at a trillion dollars a year, by soaking up all the excess liquidity in debt issuance. Once the Department of Demanding has all the money, it can then hire customers to walk through doors on a regular basis. To get economies of scale, we can just higher DC customers and pay them to walk in circles through doors.

No comments: