Keynes Was Right

Paul Krugman, our favorite economist, knows that Keynes was right: when you're in a slump, spend!  The austerity programs forced onto Euro countries, especially Greece, Italy, and Ireland, simply don't work.  In fact, they're making things worse.  And the United States would get more bang for its bucks by spending domestically rather than on the military.

http://www.nytimes.com/2011/12/30/opinion/keynes-was-right.html