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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.

From → economics

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