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MadHound

(34,179 posts)
3. Umm, that's the problem, we haven't done Keynes this recession.
Sat Dec 1, 2012, 03:05 PM
Dec 2012

The stimuli we've had have largely been made up of tax cuts and tax credits, the least powerful of stimulus measures, bar none. Other measures, such as quantitative easing, mainly benefit the financial class.

Meanwhile, our infrastructure is a joke, and social safety net is in shreds, and they want to cut it more.

Worrying about debt and imposing austerity measures during an economic slowdown is a recipe for disaster. Why not try some real Keynesian solutions instead of these half measures we've been doing? Grow the economy then worry about the debt.

Latest Discussions»General Discussion»Winning the fiscal cliff ...»Reply #3