I've not seen this discussed much, or at all. Everyone seems focused on the absurd and elusive reasons behind Governor Romney's desire to build 15 warships a year in this modern era. President Obama rightly called him out on it with his horses and bayonets zinger. Modern warships are vastly more powerful than their WWI counterparts, and thus one really needs fewer of them. Despite this, I've heard Governor Romney continue to speak about his 'vision' in stump speeches. Why is he so married to this idea?
Now some have made the point that Mitt's plan is a give away to the MIC, which it is. But that struck me as too easy of a reason. To me it felt like only half of the truth, though I hadn't an inkling what that other piece of the puzzle might be. But this morning, as I'm studying my new internet passion Modern Money Theory (thanks to recent diaries on DKos), it occurred to me what this other piece of the puzzle was. Namely, an admission by Governor Romney, though not explicit, that Keynesian policies work, and they are integral to his economic plans.
Continued below the orange bow wash...
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