"Reading straight from the Keynesian playbook, Obama justified the creation of multi-trillion dollar deficits by asserting that the government must fill the spending void left by the contraction of consumer and business spending. As one of those mythical economists who do not agree with the President, I argue that it is precisely this type of boneheaded thinking that got us into this mess, and it’s the reason we are now headed for an inflationary depression."
I can only hope that more Republicans pay attention to experts like this, as Bush selling out his free market principles blurred the line between the differences of the two parties. Now Libertarians are saying, "You want to attend the Tea Parties after you supported eight years of record spending? Where were you then?" Well, I was pissed off. And I still am. That's why I consider myself a combination of a Libertarian and a Conservative before I'll consider myself a Republican. But based on what I've seen from the new guys in the House, perhaps there's some hope after all.
Read more here.