Exactly. We spent the 1990’s lecturing the Japanese on how they were making all these mistakes that would lead to a long term recession of their economy. They did like 8 stimulus packages over the past 20 years + that included all kinds of “broken window” government spending policies.
The same “broken window” policies the Obama government keeps spending on.
Broken Window = Breaking all the windows, then paying someone to fix them. Meaning that’s the governments idea of how to create jobs, instead of letting the free market take care of it instead.
Yep, just like the Far Side cartoon, with the note tied to the brick thrown through the window that said, “Bricks thrown thru your window? Call Al’s Glass”
Well, Timmy Tax Cheat Geithner was in Japan during the early 90’s, so there’s no way we will repeat their mistakes.....the same guy that was at the helm of the NY Fed before accepting his current gig....