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Economy
Obama's "Keynesian Economic's" Insanity
2013-01-06
President Barack Obama demands more stimulus spending to avoid the "fiscal cliff." Obama increased the national debt $6 trillion to $16 trillion. Yet the Democrats' 'cure for what ails ya' is even more spending. Obama demands around $75 billion in new spending to stimulate the economy in 2013.

"Keynesian Economics" is the insane belief that the economy can be stimulated by government spending. It provides the excuse to depart from common sense that allows politicians to ignore the alarm bells. It is ludicrous mainly because our government doesn't have any money to spend.
Posted by:Dino Shomomp7692

#5  Make sure you have a wheelbarrow, before your savings aren't enough to buy one.
Posted by: phil_b   2013-01-06 19:29  

#4  #2 Well said, B.
Posted by: Matt   2013-01-06 11:18  

#3  He can "Demand" all he wants, won't get it.

"Demand in one hand, shit in the other, see which gets dirty".
Posted by: Redneck Jim   2013-01-06 10:54  

#2  Long-term economic recovery is not the goal, power and control through the picking of winners and losers is the goal of our government. As the article correctly points out, Keynesian Economics has been a control measure since the FDR era, and even before.

Behind the flags of change, fairness, and equality march the legions of crooked, pickpocket politicians, layabouts, and union thugs. The real "insanity" is not found in the methods that they employ [Keynesian economics], but rather the embrace we have for decades given them. Power and control generally come through crisis, either real, manufactured, or perceived. A strong, vibrant, and prosperous economy brings opportunity and freedom for the common man, and little opportunity for government manufactured crisis. Little wonder religious observances and events like the Thanksgiving Holiday and Christmas have been systematically demonized. They diminish and take our minds away from the manufactured crisis we are to be constantly centered upon.
Posted by: Besoeker   2013-01-06 04:45  

#1  
Posted by: Water Modem   2013-01-06 03:23  

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