Re: RE: Re: RE: Supply-side economics

[Doug Henwood <dhenwood@xxxxxxxxx>]

Max Sawicky wrote:

> Henwood erupts:
> "As anyone who watches the regular CNBC appearances of supply-sider
> (and Reagan OMB alum) Larry Kudlow - introduced by Squawk Box host
> Mark Haines the other morning as "America's best-loved living
> economist" - the PC is an evil dogma that has the Fed in its grip. He
> almost sounds like an EPI staffer or Tom Schlesinger in his populist
> celebration of strong growth, and his populist condemnation of a
> bunch of deluded central bankers who want to spoil everyone else's
> fun. . . . "
>
> Another great moment in the annals of reductionism.
>
> Tom Schlesinger is a great American.  Even greater
> than Doug Henwood, and almost as great as me.

Huh? I'm a big Tom S fan too, and have been since I found out about
him early in the S&L disaster. I wasn't saying he's really much like
Kudlow, who's an amusing charlatan (there reportedly because Jack
Welch loves him).

> Every left position can be matched with some evil
> twin analog in capitalist ideology.  And as soon
> as I figure out what DH's position is, I'll identify
> that analog.

I'm too dialectical.

Doug