Tuesday, July 21, 2015

Kasich's economics

Announcing his presidential candidacy today, John Kasich said that the way to create jobs is to "balance the books," and he had kind words for the idea of a balanced-budget amendment to the Constitution.

It's as if these Republicans are living in a mixture of the austerian 2000's and 1920.  As if the Great Depression never happened and Keynes never existed.

ETA: Remember Nixon's "we're all Keynesians now"? When it comes to domestic policy, Nixon would be derided by today's Republicans as a RINO. (Clarification: I'm talking about Nixon's domestic policies when he was President.  His earlier career is a different matter entirely.)

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