In any event after reading several economic books, and having a discussion with an individual who has a PHD in the field I learned to be less absolutist.
I'm sorry someone with a Ph.D had their way with you. Stand up for your beliefs and don't be trampled by the so called experts. Even if you are way out on the left. Those who think they know everything are the most dangerous to society. It's like Obama saying the media releases too much information. My friend there is no such thing as too much information. We are humans and not sheep. Do and believe what you think is right.