I'm not the only one

http://www.smh.com.au/business/beware-the-oneeyed-budget-brigade-20130428-2imov.html

"Many economists believe the answer to budget deficits is always to cut spending and never to raise tax collections, because of the libertarian political ideology implicit in their dominant ''neoclassical'' model."

"The model assumes people are rational in all their decisions (implying governments can never know what's in my interest better than I know myself); each of us is a rugged individualist with nothing in the model to acknowledge the benefits we gain from acting collectively; each of us has roughly equal bargaining power in the market place (that's a good one); and wide disparities in the distribution of income and wealth are of no relevance."

 Ross Gittins is always a good read. I'm not the only one dubious and dismissive of neoclassical economic policies because the underlying assumptions are fundamentally absurd. It is only vested interest which maintains its position as the dominant economic paradigm.