that article is a disgrace, and clearly written to support his own political views.
"But it’s hard to escape the sense that the current inflation fear-mongering is partly political, coming largely from economists who had no problem with deficits caused by tax cuts but suddenly became fiscal scolds when the government started spending money to rescue the economy. And their goal seems to be to bully the Obama administration into abandoning those rescue efforts."
Ron Paul, Peter Schiff and all other libertarians have always opposed any form of unconstitunial goverment spending so this argument is bullshit. it does however apply to most republicans.
It also completely ignores the fact that dollar has lost enormous amount of worh in the last ten years.
And giving Belgium as an example of a country that has been able to deal wel with debt more than 100 percent of G.D.P is pretty ridicoulus. trust me I live there and the way things are going now are so bad even the honorary gouverner of the national bank has addmited in an interview that young people in this country only have two options move out or work really hard on trying to pass reforms
How can you possibly misspell QWERTY? It's spelled correctly on the damn keyboard.
