Peter Morici on Breakfast, Radio National, Australian Broadcasting Corporation – Alice-in-Wonderland financing

Peter Morici

Peter Morici

Peter Morici is a regular contributor to Counterpunch. From this interview Peter seems to be a fiscal conservative.

Here Peter is discussing the President Barack Obama’s stimulus package.
Quotes –
“We are leaving the era of Voodoo Economics and entering the era of Alice-in-Wonderland financing.”

“We have a test case right now, we call it California… They can neither afford the welfare state they have nor can they trim it.”

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