Not again! On WPTF: Rejecting the clamor for more “stimulus” spending

This morning, Donna and Rick Martinez of WPTF had a Wake Forest University professor, David Coates, on their radio show, and he advocated more deficit spending than is already going on at the federal level. What?! As though federal officials haven’t already dug a deep enough hole with $206 trillion in unfunded liabilities.

My guess is that Donna knows such proposals, given their lunacy, give me a headache. In fact, back in 2009 I wrote how the United States politicians were following the Japanese playbook—not exactly an outcome one would like emulate. Here is that interview—seven minutes (mp3).