Tuesday, September 11, 2012

Andrew Klavan Explains Obamanomics 101

Ahh,that Andrew Klavan! Obamanomics explained in four and a half minutes.

Money quote:

"This is called Keynsian economics, in which the government goes into debt by spending money it doesn't have to create jobs that don't exist which generate wealth that never was that can then be taxed to create more debt."

(H/t, Ace)

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