The Greatest Economics Film Ever
Let's see, a former Clinton treasury secretary—and some members of Congress—want Uncle Sam to consider a temporary $50 billion to $75 billion tax cut and spending plan to boost the economy. And Alan Greenspan wants the feds to start cutting checks to struggling homeowners. I examined the wisdom and folly of such efforts here. But the 1979 film Being There, about a simple-minded gardener who somehow becomes an influential Washington insider with his gentle wisdom, does it a bit better:
The President: Mr. Gardner...do you think that we can stimulate growth through temporary incentives?
[Long pause]
Chance the Gardener: As long as the roots are not severed, all is well. And all will be well in the garden.
The President: In the garden.
Chance the Gardener: Yes. In the garden, growth has it seasons. First comes spring and summer, but then we have fall and winter. And then we get spring and summer again.
The President: Spring and summer.
Chance the Gardener: Yes.
The President: Then fall and winter.
Chance the Gardener: Yes.
Benjamin Rand: I think what our insightful young friend is saying is that we welcome the inevitable seasons of nature, but we're upset by the seasons of our economy.
Chance the Gardener: Yes! There will be growth in the spring!
The President: Well, Mr. Gardner, I must admit that is one of the most refreshing and optimistic statements I've heard in a very, very long time.... I admire your good, solid sense. That's precisely what we lack on Capitol Hill.
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Greatest Economics Film Ever
I should think this was a great statement on modern politics in the US, but there are other more economics-oriented films. 'Sabrina' for one.
'Working Girl' for another.
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