Saturday, April 27, 2013

thought experiment

what if european leaders have a road to damascus moment. they suddenly do a 180 on their economic policies, focus on stimulating the economy instead of debt. they print more euros and helicopter-drop it on people rather than banks. the gambit works and the troubled euro-economies come roaring back just as a die-hard keynesian would predict. the economic growth solves most of the continent's debt problem and the EU surpasses the u.s. in economic performance.

what would republicans in america do? would any of their policies change?

i think the answer is "no". i also think that we will never find out.