SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: RetiredNow who wrote (873290)7/19/2015 2:07:17 PM
From: i-node  Read Replies (2) of 1574879
 
>> Both the GOP and Democrats are Keynesian.

They are both pseudo-Keynesian. Keynes didn't believe in the kind of borrowing we're doing, even before the entire Keynesian idea had flopped, which it most assuredly had by the end of the Depression.

Keynes believed you could borrow for stimulus, but that the debt would be repaid. The United States will never repay its debt and at this point no one is even thinking about repayment. We are, effectively, stealing from creditors by claiming we'll pay them back when we clearly cannot and will not.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News