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Economy/Business / Re: White House: ‘You Don’t Eat GDP,’ Paychecks Matter ‘Most’
« Last post by Kamaji on Today at 11:12:25 pm »With Leftists you always wonder whether they are completely clueless about economics and believe the nonsense they spout or are charlatans who actually know better and are just peddling the fiscal equivalent of snake-oil because it helps them stay in power. It seems from his credentials this one is completely clueless.
Well, except for Yanis Varoufakis, whose critique of the bailout "of Greece" -- actually a bailout of German banks exposed to Greek debt that sunk Greece even deeper into debt slavery -- was spot on. If he spouts economic nonsense (which oddly for a Leftist, I've never heard him do) you know for certain he's selling snake-oil and knows better.