WSJ , Kelly Evans

Government Spending Holds Key to Growth

Response: I believe the measure of any good economists is the ability to analyze the data and come to an unbiased conclusion. However, it is nearly impossible to learn your craft through the ranks of higher education without succumbing to the continuous barrage of idealism from professors. No matter whether you attended a liberal university, or a conservative one, the agenda is clear, and the attempt is constant.  Which brings me to deduct as an economists, you have but one choice, that is to decide whether you are a socialist, or a capitalist, and then mold your philosophical approach in the best manner to achieve the optimal outcome, based on that belief standard.

I read you article yesterday that was in the WSJ, (ahead of the tape), and I can see from your tone, and assertions, you have chose your path, albeit an ill-advised one non the less a choice. My dear, it pains me to see the naivety off youth, be so close to the surface of opinion, as it reflects insecurity and apprehension, in ones life experiences. So much,  that the redundancies in tone are ambiguous to your thought. Why am I so concerned with the article of one young woman , in such an obscure, unapproachable position? Is because there are, is a group of readers that would read this and assume you know what you are talking about, and consider it fact. Moreover, not only are you in a position to misled readers at leisure, you do so with no conscience, as to the nature of negative secondary effects.

Keynesian economics is not the answer to the problems that face America, any more then you exceeding your own personnel credit to debt ratio by more then 100%. Any attempt to max-out your available credit, without generating any further revenue, would be met by the bank, as an impossible request to further extend credit to you in such a position. No responsible adult in their right mind would consider such behavior, why then should it, and is it expected behavior from a nation. I will give credit were credit is due you, your assessment of wall street taking its lead from Washington was spot on. Although our definitions differ, I feel it will be the lead of tax reductions, simplifying tax code, lower Federal tax rates on business, and starting to balance the trade. Semantics some would say, but a fundamental difference in tone from you, were the government is the entity that makes things all right. Ms. Evans I do sincerely wish all the best in your future studies, and attempt to grasp the grand complexity of human emotion, were it comes to talking politics, but we are economists, never forget we neither have the luxury to pick sides, nor do we wish to get dirty by doing so.

Respectfully,

James