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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: DuckTapeSunroof who wrote (286785)8/14/2002 4:25:37 PM
From: CYBERKEN  Read Replies (1) | Respond to of 769670
 
If you even had a clue, you would know that Keynes' ideas were completely bastardized after his death, with the biggest blame going to Prof. Paul Samuelson, a liberal intellectual, who fabricated the "inflation/unemployment" trade off theory, that ruined economic policy for several presidents (from both parties, BTW), and led to the first general rejection on liberalism by the electorate, in 1980.

Keynes would be calling for a flat tax today...



To: DuckTapeSunroof who wrote (286785)8/14/2002 4:31:24 PM
From: CYBERKEN  Respond to of 769670
 
Of course the liberals' REAL idea of an economist is John Kenneth Galbraith, an eccentric quack, who doesn't know anything more about economics than your cat.

He and Bob McNamera will go down in history as the two dumbest people to wield influence of any kind in the West, in the entire 20th Century...


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