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November 9, 2010

Don’t confuse Supply Side Jesus with the misguided Gospel of Wealth. He’s much more concerned about consumer spending, economic growth and moral hazard than personal luxury.

Thanks for the Al Franken sketch, Dennis. It reminds me of the “Margaritaville” episode of “South Park,” which aired a few years after the sketch was published. Margaritaville? Here’s a refresher:

Kyle, “the young Jew,” was cast in the role of Jesus—“perhaps he is the economy’s only son, sent to save us”—complete with a sermon on the mount in which he proves that just about anyone can qualify for a credit card these days. His audience cowers when he whips out the platinum AmEx card he applied for only the day before. But he tells them not to fear. Instead, they should spend money and have faith:

“Faith is what makes the economy exist,” he says. “Without faith it is only plastic cards and paper money.”

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