Varying Economist Opinions

In the midst of a deep global recession, almost as bad as that of the 1930s, we see government pump-priming and stimulus budget-busting that will eventually induce extraordinary inflation.

Despite this fact based on past experience, it is interesting to note that there are still economists who feel governments are not spending enough to get out of their economic miasmas.

There has to be some rationale for such thinking. Often it has to do with personal politics. Economists often weigh the pros and cons of their positions, and may never fear the consequences of what they suggest professionally. If it suits their current political status.