WESLEY CLARK SHOWS OFF SOME BOOK LEARNIN’….Josh Marshall has an interview with Wesley Clark today. Here are the highlights. First, Clark on economics:
No reputable economist stands up and says, “Trickle down economics really works.” Because we know the marginal propensity to consume of people who are making $100,000 a year and less is much higher than the marginal propensity to consume of people who are making $350,000 a year and more.
Hot diggity! He really knows his Keynes buzzwords, doesn’t he? And here’s Clark on the history of foreign relations:
Lord Palmerston in the 1830s, I think, in the UK, later quoted by Count Gorchakov, the Russian foreign minister in the 1880s, later quoted by Prime Minister Primakov in 1998, it was, at the original saying, “Britain has no permanent friends, only permanent interests.”
Wow again! I guess he’s afraid of getting the Gore treatment for telling fibs, so he wanted to make sure and get the quote right. Pretty sharp guy.
OK, OK, I apologize. It’s really a good interview and Clark has some good stuff to say, and you should go over and read it. It’s just that I had a choice between writing a serious post or having some fun with it, and the whole Plame affair has been so dispiriting that I needed to have a little fun.
Normal serious blogging will resume shortly.