To me he is much more extreme than Keynesianism. Keynesian economy believes in Govt intervention in private businesses to solve economic issue.Quote:
Originally Posted by BigBear
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To me he is much more extreme than Keynesianism. Keynesian economy believes in Govt intervention in private businesses to solve economic issue.Quote:
Originally Posted by BigBear
Most of whats important to learn as citizens is not taught in school.
These kids have no clue. And their instructors have never learned the facts.
Just saw this on Glen Beck, that is to dang funny, especially the typical fat stupid lib that gets all up set and she doesnt even know what she is talking about. [ROFL1]
I thought the libs were smarter then us dumb gun owners?
This was hilarious, I posted it on my Facebook wall. These people get trolled hard. However, if you've seen similar trolls through the Tea Party rallies you'll see that these guys go around and find the idiots, all the people who know what Keynes is get edited out. Just like they edited out all the Tea Party rally people who know that Medicare was a government institution, or what the Constitution actually says.
This is epic trollage. Did Beck really run with this as a news piece? Can't really see a news show airing this as a piece of journalism? I'm sure whats-her-face on MSNBC has aired the tea party equiv, and still lame. These are exactly the kind of people who are harmful to rational debate. I guess one guy on MSNBC stopped his "Worst Person Ever" spot in response to the Rally To Restore Sanity. How can you have a spot called "Worst Person Ever" be on more than once?
The collections of signs from that rally had some really funny ones. I think this is my favorite:
http://i.imgur.com/zHBaA.jpg
Someone needs to tell them... Please look up "Keynesian Economics" before your reply and thus verifying the old saying...
"Better to be thought a fool..."
And I thought we were all "peoneians"?
They left in one guy who knew it was an economic term. I would expect most people to not know what Keynesian Economics is, regardless of party.
Sort of but not quite. It's a monetary policy. So is Reaganomics. Reagan used the government intervention as well. 20% interest rates? Yeah, that was Reagan's economic team's idea...and it worked but what you must remember is that it was still intervention. It's not always bad.Quote:
Originally Posted by MB888
This is sort of true. Keynes' idea was to get us to "full" employment via demand side economics. He wasn't creating a solution to keep the status quo. Obama is definitely a Keynesian. If you want to talk about other thing it's more of a government ideology thing not a monetary policy thing...they are different.Quote:
Originally Posted by BigBear
Aint public education great! Remember the Tea Parties had some real dumb azzes too. America's socialized education has done it's job.
Keynesian theory doesn't actually WORK.... it's just close to what (I feel) Obama believes.Quote:
Originally Posted by BigBear