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Old 02-03-2012, 09:27 PM  
Taco John Taco John is offline
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Keynesian Job Program / Stimulus Plan
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Old 02-03-2012, 11:52 PM   #2
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Ron Paul stimulus/infrastructure plan:

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Old 02-03-2012, 11:54 PM   #3
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Quote:
Originally Posted by banyon View Post
Ron Paul stimulus/infrastructure plan:
Personally I think thats optimistic.
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Old 02-04-2012, 12:17 AM   #4
Taco John Taco John is offline
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Originally Posted by banyon View Post
Ron Paul stimulus/infrastructure plan:

Zucotti park doesn't look the same as it used to...
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Old 02-04-2012, 12:23 AM
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Old 02-04-2012, 12:44 AM   #5
wazu wazu is offline
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Originally Posted by banyon View Post
Ron Paul stimulus/infrastructure plan:
Yeah. Zero income tax. I can only imagine the lack of consumer spending and overall poverty. Not sure how we would get by without government spending all of our money for us.
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Old 02-04-2012, 12:51 AM   #6
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Yeah. Zero income tax. I can only imagine the lack of consumer spending and overall poverty. Not sure how we would get by without government spending all of our money for us.
Before the income tax, Americans were all living in grass huts and eating rats to survive.
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Old 02-04-2012, 07:54 AM   #7
banyon banyon is offline
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Originally Posted by Taco John View Post
Before the income tax, Americans were all living in grass huts and eating rats to survive.
Yes and the equal absurdity of course is that the TVA, WPA projects, our current highway system, and everything else, were all just wastes of time equivalent to some silly cartoon you found.

Oh, and of course, Keynes advocated spending money on completely useless enterprises! I'm sure if you read The General Theory you'll find it in there somewhere... Right?
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Old 02-04-2012, 10:37 AM   #8
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Originally Posted by banyon View Post
Oh, and of course, Keynes advocated spending money on completely useless enterprises! I'm sure if you read The General Theory you'll find it in there somewhere... Right?

Keynes followers say it doesn't matter so long as the money is spent. Ask Krugman. Or better yet, take a look at the legislation. The latest stimulus poured a bunch of money in the most expensive census in American history.
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Old 02-04-2012, 10:44 AM   #9
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I've said in the past on this site that Keynes is undoubtedly spinning in his grave in horror at how his economic philosophy has been twisted and distorted by the current gang in Washington. Keynes proposed intentionally running surpluses in good times and deficits during economic downturns. He didn't propose running trillion dollar deficits every freaking year and having the government provide everything from the cradle to the grave.

Referring to Obamanomics as Keynesian is akin to saying that Scott ***** is running the Chiefs just like the New England Patriots.




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Last edited by Brainiac; 02-04-2012 at 10:52 AM..
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Old 02-04-2012, 11:06 AM   #10
banyon banyon is offline
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Quote:
Originally Posted by Taco John View Post
Keynes followers say it doesn't matter so long as the money is spent. Ask Krugman.
No, they don't.

Quote:
Originally Posted by Taco John
Or better yet, take a look at the legislation. The latest stimulus poured a bunch of money in the most expensive census in American history.
You're bitching about the census?

Really?

It's not legislation, it Constitutionally mandated.

And of course it costs more, we're in a bigger country counting more people, and more than ever aren't "officially" here. Was there waste? Probably. Enough to lower the cost to make it less than past efforts? I doubt it.

But Keynes didn't advocate holding a census to stimulate the economy.
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Old 02-04-2012, 11:07 AM   #11
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Originally Posted by Brainiac View Post

Referring to Obamanomics as Keynesian is akin to saying that Scott ***** is running the Chiefs just like the New England Patriots.




.
Pretty good analogy.
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Old 02-04-2012, 11:16 AM   #12
Dave Lane Dave Lane is online now
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Originally Posted by Taco John View Post
Before the income tax, Americans were all living in grass huts and eating rats to survive.
Technically you are correct. There is no comparison in the strength and leadership the US has taken since the income tax. Period end of discussion.
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Old 02-04-2012, 01:49 PM   #13
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Keynes proposed intentionally running surpluses in good times and deficits during economic downturns. He didn't propose running trillion dollar deficits every freaking year and having the government provide everything from the cradle to the grave.
No, that would be Marx.
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Old 02-05-2012, 10:31 AM   #14
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Ron Paul stimulus/infrastructure plan:
Actually that is the Green vision of American life with their draconian push to destroy the American economy in the name of glaciers.
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Old 02-05-2012, 10:33 AM   #15
Taco John Taco John is offline
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Actually that is the Green vision of American life with their draconian push to destroy the American economy in the name of glaciers.
I'm sure they've got a small carbon footprint...
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