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 : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: Mary Cluney who wrote (125683)11/27/2009 2:22:12 PM
From: Steve Lokness  Respond to of 543222
 
Mary;

That doesn't mean Austrians are not right or Keynesians are omniscient.

If I implied that I thought keynesians were omniscient, let me correct that. Keynesians are a hail mary pass after sane economic measures have been ignored. You say the .... Keynesians are economists drawing conclusions from analyzing available data. I would argue keynesians are nothing more than desperate people willing to borrow from tomorrows growth to bail out yesterdays reckless policy. Until keynesians put into their so called "analyzing data" what the effect is on the economy when all this largess is paid back, they are doing nothing more than wildly hoping they are right.

steve