Keynesian economist admits the stimulus failed

Victor Joecks

Yep, the stimulus has been such an epic failure that even well-known Keynesian economist Jeffrey Sachs admits that it failed. The money part comes at the very end, but it’s worth watching the whole thing to hear Joe Scarborough try to defend Keynesian economics from the central idea of Keynesian economics.

If you’re looking for some better economic theory, Joe, it’s widely available.

Visit for breaking news, world news, and news about the economy

(h/t Hotair)