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.....
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1 comment:
well, Falstaff is.
(we called it Falstaph)
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