STAFF COLUMNIST
In 1965, Milton Friedman, the scion of right-wing economics, famously declared, ?We are all Keynesians now.? If he were alive today, Friedman might add, ?And we are all Keynesians still.? The view of mainstream economics (and myself) is that the United States is suffering from a lack of aggregate demand, and the solution to our economic woes is economic stimulus, i.e., some combination of tax cuts, government spending, and an expansion of our monetary supply.
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