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


To: Alighieri who wrote (701202)2/26/2013 5:43:19 PM
From: i-node  Read Replies (1) | Respond to of 1576251
 
>> Keynes policy addresses short term stimulus to prime the economic pump. Your statement said that keynes and debt are inextricably linked, as if keynes advocated social policy, and then you went on to admit that he never advocated long term debt.

So, when will the Obama stimulus be repaid? How about Cash for Clunkers? How about 10s of billions paid out as free money for so-called "unemployment insurance" (which is really just welfare)? How about the cost of massively ramping up the Food Stamps program? How about the alarming increase in long-term disability payments? Or all the other crap that has been added to the debt under the guise of so-called "stimulus"?

There is no segregation of this money. There is no play to repay it. Hell, there isn't even a budget under Obama.

All debt is long-term when you're still borrowing with no hope, whatsoever, of ever repaying it. There is no "short term stimulus". It is a big lie.

What Obama has done is to rob your children and mine of their futures.

I would also point out that given his current posture -- and that of other Democrats -- who have flatly denied there is a "spending problem", the term "Keynesian" doesn't even apply. It is outright profligacy.