I’ve posted Entry #34 to my weekly Investing: The New Rules column at the Death by 1,000 Papercuts site. It’s called Republicans Have Played Defense on Economics Since the Great Depression.
Juicy Excerpt: The Great Depression proved in the minds of lots of people that capitalism doesn’t work. This is how the idea that our economy cannot survive without the regular enactment of government stimulus programs first caught on. Things have reached a point where many respond to any economic problem by proposing a new stimulus. Our economy has become permanently overstimulated!