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To: Robin Plunder who wrote (263945)	7/25/2010 10:57:14 PM
From: neolib	Read Replies (2) \| Respond to of 306849

keynes views have been struggling for a hearing, Quite literally. When did you last hear government leaders advocate raising taxes in good years to save for the next down cycle stimulus spending? Pretty much all the "Keynesians" of today are "half Keynesian". They only advocate stimulus in the down periods, but not skimming the peaks to save for the troughs.

To: Robin Plunder who wrote (263945)	7/25/2010 11:41:39 PM
From: koan	Read Replies (1) \| Respond to of 306849

>>uhhh...so Ayn Rands views have dominated american politics for the last 40 years, and keynes views have been struggling for a hearing,and just waiting for an opportunity to be heard once the errors of the old system have been allowed to play out..rofl....what the heck have you been reading<< Last 30 years since Raygun. Carter's budget deficit was 50 billion. Rayguns supplyside theory raised that 500% the first year to 250 billion. Where it stayed for Rayguns entire 8 years and bush sr's four years. Raygun increased the deficit by cutting 100 billion off taxes for the rich and adding 100 billion to the defense budget (military industrial coomplex). Almost all the debt we have incurred until now was under Republcian presidents. Everyone has seen those charts!