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Politics : View from the Center and Left

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To: koan who wrote (201208)9/12/2012 9:02:40 PM
From: Steve Lokness  Read Replies (3) of 541832
 
<<<<< What is our goal?>>>>

You're mixing up societal wishes and economics. I have no quarrel with the societal goals of Krugman - in fact he and I are in alignment there. But there is no morality to economics - wellll, unless you believe in Ayn Rands Objectivist ideology where she does tie the two together. But Ayn Rand aside, to have a healthy economy requires there be demand. Wharf at least puts forth an equation that provides for demand - but few others, including Obama do. That's why all the stimulus pumping we have done has barely moved the needle on unemployment.
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