SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Alighieri who wrote (701143)2/26/2013 3:50:31 PM
From: combjelly  Read Replies (2) | Respond to of 1576160
 

There is a contradiction there...


Far from the only one.His whole "Keynesian economics doesn't work, but it was the extra spending that ended the Great Depression" is another one. It looks like a classic case of asserting your conclusion and fitting the data to back it.

The real malefactors in the past few decades have been the Republicans. When times are good, instead of following Keynes and reigning in spending, they party with tax credits and even more spending. When things are bad, they complain about the poor and the middle class sponging off of the wealthy, despite the objective proof that it has been the wealthy who profit through thick and thin. When you point out the growing disparity, they claim it is inevitable and nothing can be done about. But when you point it it hasn't always been the case then they point and yell "squirrel!"...



To: Alighieri who wrote (701143)2/26/2013 3:56:47 PM
From: Taro  Read Replies (2) | Respond to of 1576160
 
But debt burden and Keynesian economics are inextricably related. Keynesian economics is what causes the debt burden, or at least in substantial part.

There is no "Keynesian economics in reverse". It is important to recognize that Keynes never suggested we should spend our children's futures away.


There is a contradiction there...


You make no sense with this post, Dante.

You seldom do.

/Taro



To: Alighieri who wrote (701143)2/26/2013 4:37:16 PM
From: i-node  Read Replies (2) | Respond to of 1576160
 
>> There is a contradiction there...

Let's try to change the subject again. Fair enough -- a more detailed statement that the pseudo-Keynesian policy that has been labelled as "Keynesian" economics is what causes the debt burden.

But that in no way suggests that Keynesianism actually works.

Which continues to be the question. When has it ever worked?


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News