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View Diary: Austan Goolsbee’s Departure “Leaves Behind Frustration, Political Dysfunction” (239 comments)

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  •  So we've officially dumped Keynsian economics? (0+ / 0-)

    Nice to know.

    Back to the Austrian school I suppose....

    Unfortunately, Keynes has been so denigrated by the RW media that any governmental involvement in the economy apart from "lower corporate taxes" will go over ... well it won't.

    Employment means nothing; of COURSE its the deficit that is more important.

    Good policy is good politics

    by AZ Independent on Tue Jun 07, 2011 at 08:37:58 AM PDT

    •  Dumped? We never believed in it. (0+ / 0-)

      If we did, we never would've pretended that $800B, 40% being tax cuts, was a big enough stimulus.

      (I'm not saying we definitely could've done better. But Obama said this was the best outcome, not the best we could do.)

      Formerly known as Jyrinx.

      “If I can't dance to it, it's not my revolution.” ― Emma Goldman

      by Code Monkey on Tue Jun 07, 2011 at 02:04:53 PM PDT

      [ Parent ]

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