“In reality, thereâ€™s remarkable consensus among mainstream economists, including those from the left and right, on most major macroeconomic issues. The debate in Washington about economic policy is phony. Itâ€™s manufactured. And itâ€™s entirely political.
Letâ€™s start with Obamaâ€™s stimulus. The standard Republican talking point is that it failed, meaning it didnâ€™t reduce unemployment. Yet in a survey of leading economists conducted by the University of Chicagoâ€™s Booth School of Business, 92 percent agreed that the stimulus succeeded in reducing the jobless rate.”