Evidently, President Obama's "stimulus" plans are more or less based on a sample of 150 undergraduates saying (honestly or otherwise) how they'd spend an unexpected windfall.
Of course, it's not as depressing as the fact that too many economists have fallen for the Keynesian fantasy that consumer spending, and not capital formation, drives prosperity, but it's still pretty darned depressing that people in positions of authority and power are taking their lead from people who think that Falstaff, Milwaukee's Beast, or Bug Light are something worth drinking, instead of signs that your family might be eligible for WIC.
Speaking of depressing.....
How to Choose a Household Flashlight
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Our recent article about backup power got me thinking about backup light
sources. For most people, their backup light source when the power goes out
is a...
17 hours ago
1 comment:
well, Falstaff is.
(we called it Falstaph)
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