Hey, Stimulus Backers, Don't Be So Arrogant
At least concede the possibility you're wrong
By John Johnson,  Newser Staff
Posted Jul 6, 2010 12:21 PM CDT
In this March 30, 2010 photo, job seekers wait in line to attend a career fair in San Jose.   (AP Photo/Eric Risberg)

(Newser) – David Brooks sounds a bit fed up with all the economists—Paul Krugman, he's looking at you—loudly demanding another stimulus. Among the shots in today's New York Times column:

  • "The Demand Siders are brilliant, but they write as if changing fiscal policy were as easy as adjusting the knob on your stove."
  • The "write as if everybody who disagrees with them is immoral or a moron."
  • They "have very high I.Q.’s, but they seem to be strangers to doubt and modesty."

Plenty of economists are worried about what more spending will do to the debt, writes Brooks. What to do instead? Start with a few short-term solutions, such as extending unemployment insurance and giving federal money only to states that have "responsible long-term budget plans." And please, "don't be arrogant."

 

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