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To: Enigma who wrote (1243)	2/11/1999 5:48:00 PM
From: X Y Zebra	Read Replies (3) \| Respond to of 3536

Keynes was a towering genius and original thinker And so was Alfred Hitchcok, Leonardo da Vinci, and Colin Chapman. However they guessed their right job. A huge legacy of debt - ah yes, the US won the cold war, by spending Russia into the ground. Maybe we'll still rue that day? A debt originated by a Democratic controlled Congress. [You should add]. Ronald Reagan took a gamble based on the fact (not the theory), that The Industrial might of the US could recuperate from the ills of overspending in a powerful military, (never mind that such spending, as a side effect could bring about benefits to our every day economy due to research executed based on tax dollars... a "fringe benefit"). Whereas the USSR as inefficient as it has proven to be, could not do the same.... We now know the facts: 1. The USSR is thriving and expanding. Eastern Europe is about to overwhelm Western Europe. 2. East Germany recently "bought" West Germany. 3. Let us not forget that Cuba and Nicaragua, are about to send research engineers to Argentina and Brazil to assist them in their hydro projects. These things can't be proved - could Ali have beaten Jack Johnson - we'll never know, Jones or Nicklaus, Keynes and his times, and other times? By your own words your argument is dead. The results are what matters. Common sense is not altered be this the afternoon or the morning. Common sense is common sense. Collectivism is nothing more than the opportunism character of politicians of taking advantage of the fact that most people do not want to be free, they want to be safe. Daddy government will provide for me. p.s. And by the way, I am not a Democrat nor a Republican, I would rather be a Chihuahua dog with lice before being either a collectivist or a member of the religious right. Just for clarification purposes. Bow wow wow.

To: Enigma who wrote (1243)	2/11/1999 9:12:00 PM
From: Henry Volquardsen	Read Replies (1) \| Respond to of 3536

Keynes had some very interesting thinking on economics but Keynesianism has distorted what he said. Keynes did not intend deficit spending to be a permanent state of affairs. His original idea was to deficit spend to stimulate during times of weakness and to run a surplus and pay down debt when the economy was strong. The goal was to smooth out the volatility in economic cycles. Politicians, with their lust to buy votes, used this as justification to enter an era of almost permanent deficit spending. After all as long as there is unemployment there is economic weakness at least for some.