We Are All Keynesians Now: Part 2


Trump economic advisor Anthony Scaramucci took to the pages of the Financial Times yesterday to tout the bold, innovative plans in store for the American economy:

This could literally have been written by Paul Krugman any time in the past eight years. Needless to say, Republicans in Congress refused to give it the time of day. It was socialism! It was reckless! It was debt busting! It would lead to hyperinflation! And maybe worst of all, it was Keynesianism!

But now it’s edging closer and closer to Republican orthodoxy. I wonder how long it will be until Paul Ryan issues an entire roadmap explaining how fiscal stimulus is just what the country needs, and now that Republicans are in charge the country will finally get it?