Guns and Butter... revisited - first published October 20th, 2023
After reading of the 'hundreds' of useless generals listening to Hegseth, the secretary of war. First published October 20th 2023
What happened to Guns or Butter? Remember when the Democrats were Butter-men? Or pretended to be.
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Thoughts: "Let's Go Brandon!" Note, President Joe Biden trumpeted jobs from warmonger production in his speech last evening. When I studied economics, over fifty years ago, an argument discussion point in the fairy tale world of perfect competition, was Guns or Butter. And this guns or butter discussion also noted that the economic multipliers were les…