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Wed Aug 14, 2013, 03:04 PM

FDR'S EVOLUTION OF THINKING ON KEYNESIAN ECONOMICS


Excellent Last Word Rewrite last night on Keynesian economics!!!


http://www.nbcnews.com/id/45755883/ns/msnbc-the_last_word/vp/52750187#52750187

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Reply FDR'S EVOLUTION OF THINKING ON KEYNESIAN ECONOMICS (Original post)
liberal from boston Aug 2013 OP
liberal from boston Aug 2013 #1
PufPuf23 Aug 2013 #2
liberal from boston Aug 2013 #3

Response to liberal from boston (Original post)

Wed Aug 14, 2013, 09:19 PM

1. FDR & FRANCES PERKINS


Enjoyed the historical background on how President Roosevelt evolved on Keynesian economics. Absolutely love my current heroine Frances Perkins and her important role in President Roosevelt's New Deal.

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Response to liberal from boston (Original post)

Wed Aug 14, 2013, 09:43 PM

2. Nixon used Keynesian economics and even more drastic economic measures.

Nixon presided the creation of CETA and various programs (YOC, NYC, etc.) to employ the 14-18 year old youth in economic problem areas, all were direct federal employees working on infrastructure and developing skills in those with less direct access.

There has not been direct Federal hire legislation since Reagan. In the 21st Century high priced contractors on steroids are contracted National Defense and Security with no apparent true accountability of who and how the intelligence will actually transferred to the Feds or otherwise stored or used. The system of Mercenary Contractors replaced lower cost direct Fed employees that had ultimate control over data gathered, legally or pushing the envelope.

Not to use Keynesian economics in direct federal hire for domestic infrastructure is insane or by nefarious design.

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Response to PufPuf23 (Reply #2)

Thu Aug 15, 2013, 11:20 AM

3. Nixon used Keynesian Economics


K&R PufPuf23!!! Great analysis!!!

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