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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Tenchusatsu who wrote (574569)7/1/2010 2:36:30 PM
From: bentway  Respond to of 1575907
 
"What Krugman advocates is MASSIVE deficit spending. Like on the order of WWII."

That's because that's the current accepted theory by the vast majority of economists. The SPENDING for WWII pulled us out of the depression. Not WWII - the SPENDING.

Do you have a different theory?



To: Tenchusatsu who wrote (574569)7/1/2010 11:59:26 PM
From: SilentZ1 Recommendation  Read Replies (1) | Respond to of 1575907
 
>You don't see a problem with massive deficit spending?

In the long run, yes. In the short run, no.

Do you think that government spending can create jobs?

-Z