Obama’s Plans Will ‘Work’ — To Breed Servile Dependence

The political left-wing in America and most Democrats are hopeful, even gleeful, that “Obamanomics” might “vanquish” Reaganomics,[1] that tax-hiking, pork-dispensing schemes aimed at boosting consumption and government (a la John Maynard Keynes)[2] will displace tax-cutting, supply-side policies devoted to boosting production and profitable entrepreneurship (a la Jean-Baptiste Say). In the process, Obama’s allies are unfazed … Continue reading Obama’s Plans Will ‘Work’ — To Breed Servile Dependence