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

To: Tenchusatsu who wrote (588117)	9/30/2010 9:35:37 AM
From: Alighieri	Read Replies (2) \| Respond to of 1574732

Never would any genuine economist argue that "unemployment checks are the fastest way to create jobs." That's how crazy the people in power are right now. Unemployment is social relief for the unemployed....it's why it's called unemployment benefit. The fact that recipients are the most likely to spend it immediately is an unfortunate economic reality. No they weren't. Keynes developed his economic principles during the depression. That's a fact not subject to your editorializing. European progressive excesses made them unpopular for a time, but the world's major economies almost unanimously returned to keynesian policies during this last recession...so to say that his economic principles are in decline is simplistic...they were in decline until the crisis in 2008. Al