We Are All Keynesians Now: Part 2

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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?

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We've never been very good at being conservative.

And usually, that serves us well in doing the ambitious, hard-hitting journalism that you turn to Mother Jones for. But it also means we can't afford to come up short when it comes to scratching together the funds it takes to keep our team firing on all cylinders, and the truth is, we finished our budgeting cycle on June 30 about $100,000 short of our online goal.

This is no time to come up short. It's time to fight like hell, as our namesake would tell us to do, for a democracy where minority rule cannot impose an extreme agenda, where facts matter, and where accountability has a chance at the polls and in the press. If you value our reporting and you can right now, please help us dig out of the $100,000 hole we're starting our new budgeting cycle in with an always-needed and always-appreciated donation today.

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