Uncertainty to Stave off 'Austerians' and Keynesians on Fiscal Policy - Barrons.com

THE GREAT UNSAID: Uncertainty to Stave off 'Austerians' and Keynesians on Fiscal Policy - Barrons.com: "- Sent using Google Toolbar"

One does keep wondering why the quality of the business environment is always omitted from the look back at the Depression and the evaluation of the current economic situation?

Clearly the idea of taking from producers and giving to non-producers is appealing to the socially conscious and liberals, but it is counterproductive to the ability of society to sort out and reward those who endeavor to make individual decisions on working, investing and consumption based on their own dedicated efforts to make their lives better or allow the government to do it for them.

Right now, the economic environment is so distorted that it is little wonder things are at best treading water. But this argument goes beyond the Austerians and Keynesians and is clearly an argument that only those like the American Chamber of Commerce have the courage to raise publicly. And, such discussions are clearly anathema to the current administration.