This is what happens if you spend too much time in Washington DC.
Bruce Bartlett, who once held some fairly strong anti-interventionist views, just went bonkers on CNBC.
Among other things, he said the "Fed is sitting on its hands." This when the Fed is pumping money out the door at double digit rates.
He said he is in favor of raising taxes (long term) and is calling for a major public works program. He said that Social Security is not a problem, even though Social Security holds nothing but Treasury securities, which means the Treasury will have to find, literally trillions to pay off SS.
He said company executives are "full of crap," when they say they are concerned about government regulations.
He also called for "a little bit of inflation."