Economic Policy Debate - Entirely Political

Earlier this week an analysis in Bloomberg News assessed the current debate on economic policy as being entirely phony.  I recommend the article.

Real economists, Bloomberg reported, are in remarkable agreement about economic conditions and about what should be done. The debate, the article contends, is entirely political. That is to say, it is being undertaken on the part of Republicans for entirely partisan ends.

The same could be said, by the way, about the phony "debate" on global warming and sea level rise and many other "debate" topics.

The problem is, so far as Congress is concerned, the "debate" is accompanied by entirely cynical efforts to obstruct any measures to make the economy better.

Republican businessmen understand as well as anyone else that the main problem with the economy at present is lack of aggregate demand for goods and services. We know how to fix that. But Republican politicians believe any improvement in the economy would only benefit the president's party, so Republicans in Congress oppose anything that might improve the job situation.

Is this the face of patriotism?