Dopes

Editor,

Austerity is not the correct treatment for economic depression. This was proved in 1937. Right-wing ideologues, with specious arguments about the EPA causing businesses not to hire (!), and similar alternate-reality theories of economics, refuse to understand that when demand is severely compromised, massive debt-financed government spending is the stimulant of last resort. Idiots like Grover Norquist and his know-nothing Tea Bag followers are an exponentially greater threat to the security of the U.S.A. than homicidal dopes like al Qaeda could in their wildest dreams ever hope to be.

Re: "Stocks Plunge on Fears of Global Turmoil" (8/5/2011)