Cook County News Herald

Economists say spending is the solution




Now that’s pretty good, a couple of months back Bob LaMettry didn’t know the term “Luddite” and now he is our resident expert. I am happy to have been such an inspiration.

Alas, he didn’t follow through with the same enthusiasm with learning economics; it was the more important lesson to be explored. If he had, he could have learned why it makes sense to spend our way out of a recession and what we can learn from the Japanese economic stagnation in the 1990s.

Economics is the basis for politics. It is the difference between Republicans and Democrats and it is what will shape our country’s success or failure in the next four years.

An aspirin instead of learning? Bad choice, Bob, and you had best keep that bottle around if we make a bad choice next fall.

BTW, I’m not sure of your intent in your comment on my avocation but I did not sense it to be complimentary. What I do for a living, what I do for entertainment, what I have for an education or other experience in life is frankly irrelevant to our discussion.

I work with and learn from people far smarter than either you or me, and some of them are also bicycle mechanics. It is sad when your argument breaks down to such an oversimplified denigration of someone with an opposing view; is that a substitute for your knowledge of the issues?

A note to Sherry Lindskog, take a lesson from Bob’s lack of initiative and crack open an economics text, perhaps Walter Heller, from whom I learned much as his student; to be more complete add Keynes and Galbreath; the answers to your questions are all there.

Jerry Hiniker
Grand Marais



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