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Politics : President Barack Obama
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To: tejek who wrote (114281)5/27/2012 12:09:07 PM
From: RetiredNow  Read Replies (1) of 149317
 
really? Deficit spending is a Keynesian stimulus. Do you remember the last time we had a surplus? I do. Briefly, under Clinton. But the reality is that even Clinton's surplus was not really a surplus when you remove the annual Social Security surplus they had at that time. So we've literally had never-ending Keynesian stimulus for 30 years and maybe longer. Look where Keynesianism has gotten us. Unsustainable debt and a future as bleak as Japan's and Greece's.
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