G20 Drops Obama’s Keynesian “Spend Your Way Out of a Recession” Economics
Jim Hoft
GatewayPundit
6/5/2010
Thank goodness.
There is some sanity in the world. It took the death of FDR to lift the United States out of the last Great Depression. Fortunately, we may not have to wait 4 terms this time.
The G20 dropped the Obama-Pelosi “spend your way out of a recession” Keynesian economic plan today…
The article continues, with a quote from the Financial Times, at GatewayPundit. Some background on Keynesian economic theory can be found at Wikipedia and other online sources.
