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To: 43north
Obama is not crazy. He's a Keynesian. That's why he believes spending is not a problem. Read Paul Krugman’s columns in the NYT. Krugman mocks the “deficit hawks” and says we will not collapse like Greece. Krugman says paying down our debts now will hurt the economy. Krugman is a Keynesian economist.

Look, I detest Obama and big government, but he's not crazy or evil. All this controversy about how to run the economy is nothing new. It's the same old split between Milton Friedman and John Maynard Keynes economic theories.

Yes what Obama is doing is extremely alarming and if His Keynesian model turns out to be wrong we are screwed. But for the sake of America I hope Keynes was right. Because Obama is going does that road come he'll or high water.

29 posted on 01/06/2013 7:53:55 PM PST by Hound of the Baskervilles ("Nonsense in the intellect draws evil after it." C.S. Lewiscrate)
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To: Hound of the Baskervilles

The big problem is the GOP is absolutely in zero position to speak up, because they are NOT for US production.

The GOP needs to get with American jobs.

Now.


40 posted on 01/06/2013 9:25:15 PM PST by Cringing Negativism Network
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To: Hound of the Baskervilles
" if His Keynesian model turns out to be wrong we are screwed."

The Keynesian model has been proven to be another failed theory. Why the Zer0 Syndicate pursues it when they damned well know it is wrong, is a case for impeachment. These thugs have lied about the cause of the 2008 economic collapse, why should they tell the truth about what they are doing.

The truth is, the DemonRATs are killing off America economically. They are using Keynesian economic policy to do it because, by its very nature, it cons the public with its give-aways. While government pretends to be Santa Clause, it is destroying the vehicle of wealth of Capitalism. Why they are doing it when they know better is a matter that my good citizens of American had better get a handle on.

43 posted on 01/06/2013 10:45:29 PM PST by jonrick46 (The opium of Communists: other people's money.)
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