the M stands for “magic”

Quote of the Day for Monday, Nov. 29th, 2010: The ever-delightful Ed Morrissey over at HotAir, commenting today on Keynesian economics: Think of it as a Cash for Clunkers economic plan on a larger scale.  The intention is to fool people into spending money in order to give the illusion of growth, and have that illusion somehow become reality through a process best known as FM; the M stands for “magic,” and you can guess what the F means.  The problem is that the interventions run out of steam quickly without addressing the actual issues of inc...