We Are All Keynesians Now: Part 2

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Trump economic advisor Anthony Scaramucci took to the pages of the Financial Times yesterday to tout the bold, innovative plans in store for the American economy:

This could literally have been written by Paul Krugman any time in the past eight years. Needless to say, Republicans in Congress refused to give it the time of day. It was socialism! It was reckless! It was debt busting! It would lead to hyperinflation! And maybe worst of all, it was Keynesianism!

But now it’s edging closer and closer to Republican orthodoxy. I wonder how long it will be until Paul Ryan issues an entire roadmap explaining how fiscal stimulus is just what the country needs, and now that Republicans are in charge the country will finally get it?

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DONALD TRUMP & DEMOCRACY

Mother Jones was founded to do journalism differently. We stand for justice and democracy. We reject false equivalence. We go after stories others don’t. We’re a nonprofit newsroom, because the kind of truth-telling investigations we do doesn’t happen under corporate ownership.

And we need your support like never before, to fight back against the existential threats American democracy faces. Fundraising for nonprofit media is always a challenge, and we need all hands on deck right now. We have no cushion; we leave it all on the field.

It’s reader support that enables Mother Jones to report the facts that are too difficult, expensive, or inconvenient for other news outlets to uncover. Please help with a donation today if you can—even a few bucks will make a real difference. A monthly gift would be incredible.

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