The best distillation of ...

.
... Keynsian economic tomfoolery I've seen yet:

Actually, I could have written in in a single sentence: More public debt and more government spending is the solution to this economic depression because government spending is capable of creating the jobs necessary to produce economic growth, while the resulting public debt is not a problem because any country with its own central bank can issue an infinite amount of it without any long-term costs.

It's a shame that folks these days don't know what a scratched record sounds like ...

pm