LETTER TO THE EDITOR: The Democratic addiction to spending

Story Topics

Among the most important components of the liberal catechism is the belief in Keynesian economics, the idea that flooding the economy with borrowed dollars will stimulate demand which, in turn, will power us out of recession ( “Obama can’t kick the stimulus habit,” Comment & Analysis, Wednesday).

Many economists think that the Keynesian approach has been discredited over the course of time, and it certainly has not worked as advertised during our current troubles. Nevertheless, it remains a numinous concept for the faithful, to be clung to with a tenacity approaching that which some of us employ with our guns and Bibles. There is an easy out when it fails - just blame the Republicans. The implication is that if only we were a one-party state, wherein all 535 members of Congress were Democrats, happy days would be here again, everything just hunky-dory.

In his autobiography, Carl Jung, founder of the school of analytic psychology, wrote of political absolutism: “Under its dominion, the individual is pauperized.” Of fealty to failed ideals, he wrote: “Every form of addiction is bad, no matter whether it be alcohol, morphine or idealism.” These insights might benefit the president and his congressional supporters.

PAUL BLOUSTEIN

Cincinnati

© Copyright 2014 The Washington Times, LLC. Click here for reprint permission.

Comments
blog comments powered by Disqus
TWT Video Picks
You Might Also Like
  • Maureen McDonnell looks on as her husband, former Virginia Gov. Bob McDonnell, made a statement on Tuesday after the couple was indicted on corruption charges. (associated press)

    PRUDEN: Where have the big-time grifters gone?

  • This photo taken Jan. 9, 2014,  shows New Jersey Gov. Chris Christie gesturing as he answers a question during a news conference  at the Statehouse in Trenton.  Christie will propose extending the public school calendar and lengthening the school day in a speech he hopes will help him rebound from an apparent political payback scheme orchestrated by key aides. The early front-runner for the 2016 Republican presidential nomination will make a case Tuesday Jan. 14, 2014, that children who spend more time in school graduate better prepared academically, according to excerpts of his State of the State address obtained by The Associated Press. (AP Photo/Mel Evans)

    BRUCE: Bombastic arrogance or humble determination? Chris Christie’s choice

  • ** FILE ** Secretary of State Hillary Rodham testifies on Capitol Hill in Washington, Wednesday, Jan. 23, 2013, before the Senate Foreign Relations Committee hearing on the deadly September attack on the U.S. diplomatic mission in Benghazi, Libya, that killed Ambassador J. Chris Stevens and three other Americans. (AP Photo/Pablo Martinez Monsivais, File)

    PRUDEN: The question to haunt the West

  • Get Breaking Alerts