In tough economic times, it takes courage to look at the options. The current government intervention in the market will have a severe and negative effects. To see what the Obama administration is planning, take a look at the slideshow. It is pure Keynesian. Do we really need this remedy? It really is not up for us to decide. Likes of Summers, Frank and Obama have decided these questions for us. The task is now, how do we maximize our wealth and prosperity in these economic conditions full of stimulus packages.
Even Keynes was flummoxed at times as paraodx of thrift points out.
The paradox of thrift (or Paradox of Saving) is a paradox of economics propounded by John Maynard Keynes. The paradox states that if everyone saves more money during times of recession, then aggregate demand will fall and will in turn lower total savings in the population