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Debating Keynesian Economics with Robert Reich on CNN

AZ Don Wrote: Jun 14, 2012 12:23 PM
Reagan said it best: Government cannot solve the problem government “IS” the problem. What is so hard to understand about that.
RayTheAnarchoCapitalist Wrote: Jun 14, 2012 9:39 PM
Progressives think that government is a necessary good while conservatives think that government is a necessary evil. For progressives any time the government messes things up that's just a signal that the government doesn't have enough power. Maybe some day both groups will wise up and realize that government is an unnecessary evil.

It seems that any argument about the economy eventually boils down to the core issue of whether government spending acts as a stimulus or whether it is – in the words of Thomas Sowell – a sedative that undermines prosperity.

So when Robert Reich and I went on Erin Burnett’s CNN show to discuss Obama’s stumbling economic performance, much of our discussion focused on whether to further expand the burden of the public sector.

Here are a...