Not to Worry

It’s pointless if you make a fuss
About Obama’s stimulus.
The government’s determined, see,
To rescue the economy.
Paul Krugman’s here to point the way
Toward a bright and shining day,
When everyone will be employed
And all consumers overjoyed.
The Fed’s enormous loans will serve
To calm the frightened banker’s nerves,
And Congress will serve pork and beans
To cronies fat, to peasants lean.

* * *

We’ve no need to panic, the world’s in good hands.
Financial details, Old Ben understands.
He’ll huff and he’ll puff, and he’ll spew dollars out,
He won’t stop to rest till he’s quelled every doubt
That dollars created from thin air each session
Are all that we need to steer clear of depression.

Robert Higgs is Senior Fellow in Political Economy at the Independent Institute, author or editor of over fourteen Independent books, and Editor at Large of Independent’s quarterly journal The Independent Review.
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