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‘zombie vampire economics’

November 14, 2013

Corvallis Gazette Times: “Letter: ‘Voodoo economics’ of 1980s is ‘zombie vampire economics’” from Andrew Gray:

supply-side trickle-down ideas were “voodoo economics” when George H.W. Bush called Reagan on it, and it’s become zombie vampire economics now.

Gray argues that the Federal Reserve is a “cabal of banks” that stimulates itself at the expense of main street. Gray twist the entitlements argument to suggest that it’s the banks and the military contractors that the “entitled moochers”.


From → economics

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