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Politics : Ask Michael Burke

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To: Freedom Fighter who wrote (116788)	11/5/2008 10:24:39 AM
From: Knighty Tin	1 Recommendation Read Replies (1) of 132070

Keynes was a great economist and a great speculator. Folks who became "Keynesian" didn't realize that he believed in running deficits during bad times and surpluses during good times. They only understood the first half of the first part, and ran deficits all of the time. We also have to remember that any country that followed Austrian economics soon saw their govt. disappear under the "tough love."

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