Malarkey –noun Informal.
speech or writing designed to obscure, mislead, or impress; bunkum: The claims were just a lot of malarkey.
I rarely get into American economic matters here. Mainly because, as opposed to growing in grace, they make me want to be very un-gracious. But I couldn’t resist passing along what is merely one in a long list of examples that point to the folly of the current administration’s plans for economic stimulus.
A recent Wall Street Journal article concludes:
In the category of all-time dumb ideas, cash for clunkers rivals the New Deal brainstorm to slaughter pigs to raise pork prices. The people who really belong in the junk yard are the wizards in Washington who peddled this economic malarkey.
Read the whole thing.