Disney's theme parks are a monument to capitalism as it existed when Walt Disney envisioned Disneyland The Hall of Presidents, however manages to honor presidents who supported big government over the free market The choice of presidents demonstrates revisionist history that supports the liberal, big-government narrative Whenever you expand government you contract liberty The Dow ended the week down 279 points; NASDAQ down 75 The search is on for excuses but the real issue is not global causes but U.S. economic performance Housing Starts and Permits were way below estimates Jobless claims were higher than expected Leading Economic Indicators weaker than expected this month after last month's downward revision Core CPI came in twice expectations, but described as "better than expected" The dollar had a very weak week; Canadian dollar had strongest week in years, with a possible rally going forward Weakness in Stock Market, continuing weak economic data makes June rate hike less and less likely in the minds of traders The most prominent poster boy for the myth of the U.S. economic recovery, Paul Krugman, recently published an article claiming victory for U.S. Keynesian economic policy Krugman claims U.S. is performing better than Europe due to Keynesian policies Perception is not reality: the U.S. is not doing as well as Krugman would have us believe Krugman references an article by Germany Finance Minister Wolfgang Shauble, criticizing him for rejecting macroeconomics Macroeconomics IS B.S. and should be rejected Krugman infers that Europe's woes are the result of rejecting Keynesianism Shauble warns against going for the "quick fix" of Keynesian policies Germany understands that austerity, rather than debt, is the answer Krugman believes we should continue to create bubbles through stimulus and debt It will be interesting to see what Krugman says when the U.S. economy slips back to recession as Europe grows Europe's approach was not perfect, but it is better than the politically expedient solution championed by Krugman