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Politics : Formerly About Advanced Micro Devices

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To: mel221 who wrote (751974)11/10/2013 11:39:28 AM
From: koan  Read Replies (3) of 1577809
 
Job creation is the criterion for stimulus. Keynesian's believe in a recession creating jobs pulls us out of a recession and then when out of the recession we pay it back.

The money the fed gave to the banks created few jobs, it secured the banks (and made the plutocrats wealthy) and that is all.

You should want to stop the banks and wall street and plutocrats from ripping us off.

<<I am not measuring efficiency. I am stating my opinion that spending money to dig holes and then spending money to fill those very same holes is not efficient at all... It is 100% waste.

But Keynesians strongly believe a wealthy nation can be built with such an economic program.
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