Is Obama a Keynesian?

[funkfool]

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"?

[Irving]

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.

[OgenRwot]

To me he is much more extreme than Keynesianism. Keynesian economy believes in Govt intervention in private businesses to solve economic issue.

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.

I'm confused... Obama is not a Keynesian is he?

John Maynard Kenes was an English economist who advocated the use of government monetary and fiscal policy to maintain full employment without inflation... but we do not have full employment and there has been some inflation...

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.