For those that may be new to this debate.
Fight of the Century: Keynes vs. Hayek Round Two
https://www.youtube.com/watch?v=GTQnarzmTOc
Keynes proposed something like “lifting ourselves by our bootstraps”, but with no point upon which to obtain leverage, we only succeed in pulling the bootstraps off the boots.
The Keynesian principle is somewhat like cutting two feet off the one end of a blanket, and sewing it on the other end, and then claiming “the blanket is now two feet longer”.
A bookkeeping trick, but there is nothing new added to grow the total coverage, and it only fools people for a little while.
I like my economics in rap format.