To: Graybeard58; neverdem; patton; hobbes1; NeoCaveman; CholeraJoe; AFPhys
So when has Keynesian economic theory ever worked?
And why is it a credible theory? Why are its “religious zealots” awarded Nobel Economic Prizes?
9 posted on
08/15/2010 7:04:42 PM PDT by
Robert A Cook PE
(I can only donate monthly, but socialists' ABBCNNBCBS continue to lie every day!)
To: Robert A. Cook, PE
"So when has Keynesian economic theory ever worked?"
We have Kenyanesian Economics, which has never been known to work..
14 posted on
08/15/2010 7:16:40 PM PDT by
Paladin2
To: Robert A. Cook, PE
Our zero rate policy has been effectively a “tax” on savers and retirees for the benefit of speculators.
Savings = investment. Savings require higher interest rates.
16 posted on
08/15/2010 7:27:50 PM PDT by
NeoCaveman
(Defeat Dingy Harry Reid)
To: Robert A. Cook, PE
Never. It isn’t. Politics.
Any other questions?
17 posted on
08/15/2010 7:38:33 PM PDT by
patton
(Obama has replaced "Res Publica" with "Quod licet Jovi non licet bovi.")
To: Robert A. Cook, PE
That would depend on what you mean by Keynesian economics. Animal spirits, consumer confidence, are ideas used by almost everyone now. And it was a recent Republican administration that went far beyond Keynes’ modest prescription by claiming that “deficits don’t matter”.
42 posted on
08/16/2010 9:55:24 AM PDT by
Pelham
(Islam, the mortal enemy of the free world)
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