Keynesian policies have been a wretched failure


The fact that colossal stimulus spending, zero interest rates, the purchase of over a trillion in toxic assets by the Fed, and the loosest monetary policy in history have done absolutely nothing to revitalize the economy, has proven that Keynesian policies have been a wretched failure.

Small businesses, which are the backbone of America (these are the folks who will create a recovery if there is to be one), are now being vilified by the president and portrayed as the evil empire (millionaire and billionaire Bogey men) and any wealth they have created and accumulated is ill gotten. No — their wealth comes from hard work, saving, successful risk taking and delivering products and services for which people want to pay. Something Obama and his congressional Marxist supporters only punish today.

— James Quinn, Newsletter Editor

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