3 responses so far ↓

• 1 Ray Re // Aug 3, 2009 at 11:34 am

  “But what does a scary Kenyan know about the economy, anyway?” My thoughts exactly, Jake. My thoughts exactly. The good news is that we have a bare ass tax cheat as Treasury Secretary and the Goldman Sachs boys will show us the way out of our economic storm.

• 2 jake // Aug 3, 2009 at 11:36 am

  I think what you mean is… nearly everybody in Washington is a tax cheat who doesn’t bother really trying to do anything but cater to the uber-wealthy.

• 3 Mark H (Not Hebert) // Aug 3, 2009 at 12:42 pm

  He is scary, not because he’s Kenyan economist, rather because he’s Keynesian economist.

  When inflation kicks in after the stimulus is actually spent (sandbagged for election year), and demand is artificially increased, will Obama, and the former Bush administration, admit that all of this spending has crippled us long-term for a short term gain?

  Good luck keeping your job and paying a mortgage with 10% interest rates and the dollar being worth 50% of what it does today.

  We are printing money, borrowing money, increasing taxes on the owners of small businesses, increasing hugely expensive social entitlement programs that can’t be repealed, and planning to place huge taxes on energy while other countries are exempt.

  I’m sorry, but it’s scary and makes no common sense.

  Is it possible to find anyone in Washington that isn’t so damn far to the left or right, that we can improve health care and the economy without taxing the hell out of everyone or increasing spending without a way to pay for it?

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