Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: i-node who wrote (701184)	2/26/2013 5:22:09 PM
From: Alighieri	2 Recommendations Read Replies (1) of 1576159

Let's try to change the subject again. Fair enough -- a more detailed statement that the pseudo-Keynesian policy that has been labelled as "Keynesian" economics is what causes the debt burden. Ok...let me be more specific...the debt is long term and structural in nature. Keynes policy addresses short term stimulus to prime the economic pump. Your statement said that keynes and debt are inextricably linked, as if keynes advocated social policy, and then you went on to admit that he never advocated long term debt. Do you see the contradiction? What Obama did in 2009 was keynesian in nature...spend dollars to kick start things, and then the expense goes away. If you look at all economic measures of the time the turn around is quite clear...that's before we consider the human side of it...the assistance it provided to dispossessed workers and states under pressure. Al

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