"...And thanks to the huge deficits bequeathed by the Bush administration, Miller says we have no choice but to run even higher deficits for a few years to get the economy out of the ditch."
The fact that Parker wiffed on this slow hanging curve ball should disqualify her opinion from all future public consumption. Basically the economist is saying "We made mistake XYZ. So the only way to solve the problem created by XYZ is to continue making the same mistake XYZ, except to a much greater degree." She swallowed the whole thing and regurgitated it on her column.
Kathleen needs to understand that to the lazy economist of the day, Kayneseanism is the new religion. The answer to every economic problem is to increase government spending. If Bush had run a surplus then the remedy would be increased government spending. If the economy was in great shape: more government spending.
It's Parker's job to smoke these people out. She should be asking "Is there any solution to any problem that you people believe isn't solved by ratching up government?" The answer is No and she should call them out on this instead of rubber stamping unproven Economic theory as fact. But the fact that she, and all major columninsts now, are so gullible means that the march toward socialism is full steam ahead.
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