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View Diary: Obama IS a Keynesian. Congress Isn't. (52 comments)

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  •  The tax cuts WERE Keynesian. Read Keynes. (1+ / 0-)
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    Fogiv

    He was quite explicit in his argument that it didn't matter how the government jacked up the deficit, as long as it kept more money in circulation by spending a lot more than it taxed.

    Noting that "only" 2/3 of the package was taxes is irrelevant to the question of Keynesianism.

    Noting that it was too small is equally irrelevant.  George Bush sent an army that was too small into Iraq; does that make him less of a neoconservative imperialist?

    Art is the handmaid of human good.

    by joe from Lowell on Sun Aug 14, 2011 at 01:57:12 PM PDT

    [ Parent ]

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