Tuesday, July 13, 2010

The stupid! It burns!

Once upon a time I was taking distance learning classes from City University.

Today I am embarrassed to admit it:  Driving along, minding my own business, I spotted a bus with one of those wrap-around ads for City U:
THIS TRAFFIC JAM PROVES THAT KEYNESIAN ECONOMICS THEORY IS TRUE
(Or something close enough to that  to to matter.)

(For anyone who came in late, John Maynard Keynes was a British economist who was about as far left as you could get without being a socialist; he claimed that a government could spend it's way out of a depression, deficits good, debt good, keep writing blank checks, gposterity...  FDR fell for it, among other, more recent, "leaders"...)

I'm trying to figure out what the hell Keynesianism has to do with traffic.

2 comments:

D.W. said...

That one would have left me shaking my head, too...

Yikes.

DirtCrashr said...

The Buses are subsidized and the so-called Stimulus has failed to create jobs, both help create the traffic jam as people continue to look for work ('cept for those of us who gave up long ago and "retired"), so it seems to me it proves that Keynes was wrong.