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Politics : Formerly About Advanced Micro Devices
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To: bentway who wrote (616116)6/14/2011 2:46:09 PM
From: Tenchusatsu1 Recommendation  Read Replies (1) of 1580323
 
Bentway, > But, you have to spend MASSIVELY, as FDR did, for WWII. All WWII was economically was MASSIVE SPENDING OF BORROWED MONEY.

The spending didn't stimulate the economy. Victory did.

Can't just spend spend spend and think that's just going to boost economic output. That's the folly of those making s--t up in the name of Keynesian economics. Especially those who claim that "wasteful spending is stimulus."

There has to be a real purpose behind it all.

Tenchusatsu
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