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CADsortaGUY

Lifer
Oct 19, 2001
25,162
1
76
www.ShawCAD.com
Originally posted by: Craig234
Originally posted by: ProfJohn
Care to explain how government spending fixes the economy??

Been explained many times. Go read about Keynesian economics. There are three spenders, consumers business and government. Two are not spending much.

There's also his investing in things that will pay off, like healthcare, which will bring more efficiency eventually and get it under control from the current trends.

Keynesian only works in THEORY IF the spending is done within certain narrow areas - BHO & co's spending comes nowhere near those narrow areas. Their spending is wild, reckless, record breaking in size and scope. Defiantly not Keynesian - just plain old liberal.
 

fskimospy

Elite Member
Mar 10, 2006
87,890
55,155
136
Originally posted by: CADsortaGUY
Originally posted by: Craig234
Originally posted by: ProfJohn
Care to explain how government spending fixes the economy??

Been explained many times. Go read about Keynesian economics. There are three spenders, consumers business and government. Two are not spending much.

There's also his investing in things that will pay off, like healthcare, which will bring more efficiency eventually and get it under control from the current trends.

Keynesian only works in THEORY IF the spending is done within certain narrow areas - BHO & co's spending comes nowhere near those narrow areas. Their spending is wild, reckless, record breaking in size and scope. Defiantly not Keynesian - just plain old liberal.

I'd love to hear what 'certain narrow areas' you believe Keynes listed in his theories as the places where spending was permitted.
 

CADsortaGUY

Lifer
Oct 19, 2001
25,162
1
76
www.ShawCAD.com
Originally posted by: eskimospy
Originally posted by: CADsortaGUY
Originally posted by: Craig234
Originally posted by: ProfJohn
Care to explain how government spending fixes the economy??

Been explained many times. Go read about Keynesian economics. There are three spenders, consumers business and government. Two are not spending much.

There's also his investing in things that will pay off, like healthcare, which will bring more efficiency eventually and get it under control from the current trends.

Keynesian only works in THEORY IF the spending is done within certain narrow areas - BHO & co's spending comes nowhere near those narrow areas. Their spending is wild, reckless, record breaking in size and scope. Defiantly not Keynesian - just plain old liberal.

I'd love to hear what 'certain narrow areas' you believe Keynes listed in his theories as the places where spending was permitted.

Uh, infrastructure?

Are you suggesting(as craig234 is) that BHO's spending falls in line with keynesian theory? :laugh:
 

fskimospy

Elite Member
Mar 10, 2006
87,890
55,155
136
Originally posted by: CADsortaGUY
Originally posted by: eskimospy
Originally posted by: CADsortaGUY

Keynesian only works in THEORY IF the spending is done within certain narrow areas - BHO & co's spending comes nowhere near those narrow areas. Their spending is wild, reckless, record breaking in size and scope. Defiantly not Keynesian - just plain old liberal.

I'd love to hear what 'certain narrow areas' you believe Keynes listed in his theories as the places where spending was permitted.

Uh, infrastructure?

Are you suggesting(as craig234 is) that BHO's spending falls in line with keynesian theory? :laugh:

First of all, the majority of the spending in the stimulus bill is on infrastructure.

Secondly, Keynes states that the building of infrastructure is the preferable method of spending, but by no means the only one. If infrastructure spending is not feasible for whatever reason, any other form of spending is preferable to doing nothing. He famously advocated for the government to hide old bottles filled with money in the ground for people to dig up.

See, you have to do more than read the wiki article.
 

CADsortaGUY

Lifer
Oct 19, 2001
25,162
1
76
www.ShawCAD.com
Originally posted by: eskimospy
Originally posted by: CADsortaGUY
Originally posted by: eskimospy
Originally posted by: CADsortaGUY

Keynesian only works in THEORY IF the spending is done within certain narrow areas - BHO & co's spending comes nowhere near those narrow areas. Their spending is wild, reckless, record breaking in size and scope. Defiantly not Keynesian - just plain old liberal.

I'd love to hear what 'certain narrow areas' you believe Keynes listed in his theories as the places where spending was permitted.

Uh, infrastructure?

Are you suggesting(as craig234 is) that BHO's spending falls in line with keynesian theory? :laugh:

First of all, the majority of the spending in the stimulus bill is on infrastructure.
Buahahahaaa!!! more koolaid please
Secondly, Keynes states that the building of infrastructure is the preferable method of spending, but by no means the only one. If infrastructure spending is not feasible for whatever reason, any other form of spending is preferable to doing nothing. He famously advocated for the government to hide old bottles filled with money in the ground for people to dig up.

See, you have to do more than read the wiki article.

Seems you as well as other liberals seem to think Keynesian was about deficit spending for the sake of spending - when clearly that is not the case. Also, nowhere did I state that the theory ONLY advocated infrastructure - but it clearly doesn't advocate spending willy nilly by the gov't.
 

Corn

Diamond Member
Nov 12, 1999
6,389
29
91
Originally posted by: SammyJr
Originally posted by: Wreckem
Fiscal conservatism is supposed to be a tenent of the GOP. You expect them to say yes to the single largest expansion of government(in terms of employees and spending) in United States History?

Sure, why not? Clearly, you forgot the last 6-8 years.

Exactly, but not why you think. I would hope that after what had transpired after the last 6-8 years the Republican party learns from their mistakes in looking like Democrats and start acting like Republicans--which was the promise that got them into power to begin with.
 

fskimospy

Elite Member
Mar 10, 2006
87,890
55,155
136
Originally posted by: CADsortaGUY
Originally posted by: eskimospy
Originally posted by: CADsortaGUY
Originally posted by: eskimospy
Originally posted by: CADsortaGUY

Keynesian only works in THEORY IF the spending is done within certain narrow areas - BHO & co's spending comes nowhere near those narrow areas. Their spending is wild, reckless, record breaking in size and scope. Defiantly not Keynesian - just plain old liberal.

I'd love to hear what 'certain narrow areas' you believe Keynes listed in his theories as the places where spending was permitted.

Uh, infrastructure?

Are you suggesting(as craig234 is) that BHO's spending falls in line with keynesian theory? :laugh:

First of all, the majority of the spending in the stimulus bill is on infrastructure.
Buahahahaaa!!! more koolaid please
Secondly, Keynes states that the building of infrastructure is the preferable method of spending, but by no means the only one. If infrastructure spending is not feasible for whatever reason, any other form of spending is preferable to doing nothing. He famously advocated for the government to hide old bottles filled with money in the ground for people to dig up.

See, you have to do more than read the wiki article.

Seems you as well as other liberals seem to think Keynesian was about deficit spending for the sake of spending - when clearly that is not the case. Also, nowhere did I state that the theory ONLY advocated infrastructure - but it clearly doesn't advocate spending willy nilly by the gov't.

Actually it clearly IS the case. You have no idea what you are talking about, as usual.

He specifically advocates spending for the sake of spending, because he believed that when private sector demand was insufficient, it was the role of the government to create demand. (ie: spend money) He advocated things he thought were good ideas to spend money on, like building houses, infrastructure, etc, but he very clearly states that the important part is to spend money no matter what you're spending it on, hence the whole idea of burying bottles filled with money in the ground for people to dig up. He says this idea is silly, but preferable to not spending the money at all.