Republicans love to say that you can’t spend your way out of a recession, and yet every credible economist who has analyzed the financial crisis in America has said that the country needs to spend MORE in order to prevent an all out meltdown. But in Washington, politics reigns supreme, and the supply-side Republicans have won the debate over which policy will be put into effect. Sam Seder talks about how the Republican austerity class managed to win that debate with a losing plan with Ari Berman, author of Herding Donkeys.
httpv://www.youtube.com/watch?v=sdi-wol0NII