Obama the Brilliant Supply Side Economist

[Puzzler]

Interesting perspective from a conservative blogger today:



Why are the markets trading up today? I'll tell why. It's because President Elect Barack Obama is an absolute Genius.. Actually he's just a teleprompter that gets his Ques from people smarter than him. But, he's got lots of brilliant people surrounding him to shape his economic plan to what works.

The markets are trading up broad based because I challenge anyone to come up with a sector of the economy that will NOT BENEFIT from Obama's Brilliant Infrastructure Spending Strategy.

Hey... I am a conservative Republican in the fashion of Rush Limbaugh/Sean Hannity. I don't believe in anything but Supply Side economics. But let's face it... No matter what administration you have in power, they both want to fund money to fix our Roads and Bridges right? ...



http://caps.fool.com/blogs/viewpost.aspx?bpid=117290&t=01002599558224611742

[pnwmom]

1. As Obama has said, top economists on both the left and the right are in

agreement about the need for a huge stimulus plan to deal with this recession. While they normally disagree, this situation is the exception.

[FrenchieCat]

2. What I know is that whatever Obama reads off the Teleprompter,

he's had the biggest hand in writing.

Just sayin;

[DCKit]

3. "both want to fund money to fix our Roads and Bridges right? ... "

Fortunately the Dems usually expect some actual work for the money they dole out and, after eight years of trillion-dollar handouts to non-performing companies, we'd damn well better be seeing oversight on steroids.

[TrogL]

4. Keynes is NOT supply-side

Supply-side is give money to the rich and hope/pretend it will filter down.

Keynesian infrastructure spending is controlled by government and spent for the most part on labour and manufacturing.