Over at CNBC blogs,
Andrew B. Busch of BMO Capital Markets repeats the falsehoods of Amity Schlaes that Bonddad and I thoroughly debunked a few weeks ago. Busch says:
The truly disturbing aspect of the stimulus fiasco is the Congressional belief that they are acting like Keynesian economists and are invoking the name of FDR to validate their actions....
As far as the comparison to FDR, I think everyone should be very careful to emulate him.
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