The winner of the Mogambo Award For Most Imbecilic Statement Of The Month (MAFMISOTM) comes from a Financial Times article where we read that Tim Geithner, whom I ungraciously call (with a sneer and a voice dripping with a tone of Pure Mogambo Contempt (PMC)), the “rat-like Treasury Secretary of the United States,” tried to convince China that “the US would do what was necessary to bring its budget under control.” Hahahaha!The Keynesian remedies being applied by Geithner and his cronies are based on theories which assume all we need to do is spend and the economy will begin humming along again. "Bringing the budget under control" is a different concept than balancing the budget - and a much more adventurous one.
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