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

To: bentway who wrote (616229)6/15/2011 12:18:16 AM
From: TimF1 Recommendation  Respond to of 1580368
 
filling in and digging holes would work fine

Just fine at wasting resources on a large scale and accomplishing little or nothing.



To: bentway who wrote (616229)6/15/2011 9:26:03 AM
From: Jim McMannis1 Recommendation  Respond to of 1580368
 
That's baloney.



To: bentway who wrote (616229)6/15/2011 11:17:04 AM
From: Tenchusatsu  Read Replies (2) | Respond to of 1580368
 
Bentway, > What it's "for" doesn't matter, economically.

That's the folly of Keynesian economics. What you output doesn't matter as long as you artificially boost the numbers.

Hence the reason why filling in and digging holes would "work fine" in a Keynesian economy.

That doesn't even pass the smell test. But hey, just label it "Keynesian" and you don't have to defend it. Just point out that top economists like Krugman believe in it.

Tenchusatsu


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