17 November 2011

Stupid Economists

Niall Ferguson is at it again. If you recall, previously he warned that the Muslim Brotherhood would take over Egypt and the lives of the Egyptian people would be much less free and suck much more post Mubarak. He was right. Now he's saying that government spending won't save the economy, it will make it worse. The way to prevent catastrophic collapse is to overhaul the bloated tax code. He uses Republican Paul Ryan's plan as an example of what needs to be done. The video is four minutes long. Enjoy.