Monday, November 2, 2009

Conservatives Denounce Spending


It would seem that the conservative viewpoint is that Keynesian economic policies that are being practiced by the Obama Administration are short-sighted and will, in the long run, hurt the economy. They are arguing that the inflationary fallout will result in the continuation of the boom-bust cycle. Almost ignored are the efforts of those individuals who perpetrated the whole situation; many of those responsible in corporations like Lehman Brothers Holdings Inc. show little to no true repentance.

No comments:

Post a Comment