Skip to content

Economic stimulus is distraction, like zombies to fireworks

September 15, 2012

Nickolai Hubble in The Daily Reckoning writes “Zombies and Fireworks Aren’t Real” arguing that government stimulus is a light show to distract:

The violent zombies are so absorbed by the fireworks they let people walk right past them. Think of it as stimulus.

The last two weeks have seen the pyrotechnicians busy goosing the zombie economy. While they were doing so, their mates got away with the goods.

Recall The Daily Reckoning, an Australian blog, mentioned in from previous ZombieLaw post, Bill Bonner Zombie.

Hubble brings back the “zombie economy” phrase from the summer, popularized in CNBC, Politico and NYtimes, amongst other sources.

Advertisements

From → economics

Leave a Comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: