In Europe, some officials doubt the wisdom of falling deeply into debt to create jobs and halt the plunge in consumer demand, as the United States is doing.What!? Europeans doubt that reckless borrowing and spending is actually a stimulus for the economy? They must be "denialists" or deliberately trying to sabotage their economies. Maybe they hate Obama. Just ask any liberal.
Thursday, March 12, 2009
More Money to the IMF
Great news! The Washington Post reports that our brilliant treasury secretary wants to give an extra $100 billion to the IMF. Why not? Why not give an extra trillion instead? We've got plenty of money. We can always just print more if we need it. But wait, not everyone is thrilled with that idea: