Message to deficit cutters: Main Street America is more worried about jobs these days than about Washington's debt.
Irwin Kellner is MarketWatch's chief economist.
Who knows? Maybe Kellner is right. Here's what I see. I see the government printing money in order to pay for spending. If fixing the economy was that easy, we could all retire tomorrow. All the government would have to do is to print up enough money to make everybody a zillionaire. Then, everyone could quit their jobs and we would all retire and live happily ever after.
Maybe "you can fool most of the people some of the time, or some of the people most of the time, but you can't fool all the people all of the time."
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