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

To: Steve Lokness who wrote (206302)10/30/2012 10:20:13 AM
From: Sam  Read Replies (2) | Respond to of 541851
 
Steve, we went off track with the Reagan administration. It was with them that the "Starve the Beast" tactic became embedded in Republican policy, and running large deficits became the preferred way of defunding government.



To: Steve Lokness who wrote (206302)10/31/2012 2:00:07 AM
From: bentway  Read Replies (1) | Respond to of 541851
 
"Keynesians claim that money should be and will be paid back during good times"

Clinton did what he could. Republicans AREN'T Keynesians, have their own fantasy "supply-side" economics that says every tax cut produces MORE revenues, run huge deficits during the "good" economic times when they should be eliminating deficits and paying down debt. REPUBLICANS are the problem, NOT Keynesian economics.


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