When Congress Busted Milton Friedman


NSFWCorp has the article When Congress Busted Milton Friedman (and Libertarianism Was Created By Big Business Lobbyists) of November 2012.

And yet — in the words of Larry Summers, “Any honest Democrat will admit we are all Friedmanites now.” Of course, there are no honest Democrats. And there are no honest economists. And these are the people who are framing our politics, the people who have told Greece and Spain they have no choice, and the people who today are making sure that the number one item on Obama’s and Congress’s agenda is cutting Social Security and cutting Medicare and cutting “entitlements” — and the only thing that divides the elites in charge of this mess is “how much of these moochers’ lifelines can we cut?”

I have long known that Milton Friedman was a con artist, but until this article, I did not fully understand what drove him. The trouble is that his sham philosophy drove Barack Obama to be such a disappointing President.

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