Republidertarianazi shows off his thinking skills

[reverendjeremiah]

That equation describes general output (Y) for any economic system for which government spending (G) can be increased to account for a decrease in investment (I) and/or consumption ©, it is at the very core of GDP, of which stimulus spending seeks to increase/sustain. Anyone who supports any kind of stimulus and who also thinks these equations are bullshit is contradicting themselves.

Also, whether or not G should go to roads/schools or banks isn't an issue of keynesianism vs non-keynesianism, it's (given that you're going to spend the money anyway) good policy vs bad policy. Some of the more prominent keynesians like Krugman have scoffed at some of Obama's spending for that very reason, not because giving money to banks is non-keynesian but because he believes there are many other better investments.

So far as I can tell from your posts what you advocate is very much Keynesian, you simply disagree with the implementation that certain policymakers have taken, but perhaps we will learn more from the following questions;

Do you support the notion that;

1. "When there is nothing else to spend money on, spending money digging ditches and filling them up again is fundamentally good as it will increase the value Y"?

2. "If increases in G do not sustain/increase Y the best solution is to further increase G"?

Yes. I am sure those are wonderfully accurate equations.

And via what mechanisms will you create jobs?

I figured the government actually making jobs would actually make jobs. Apparently I am wrong about that.

You need to create something that has a return on investment that is better than the interest you will need to pay on the new debt as it matures, given that your current administration has completely failed at this so far the consideration is more like "is this actually more cost effective than paying people unemployment?".

Of course that is correct..but only if you are greed minded, and not social minded. Greed minded needs a return that is better.

Social minded thinks that a healthy life is all that is needed for a return.

"MY" current administration? If it was mine the corporations would be getting a major spanking right now. No. This is OBAMA's administration. Nothing more than an extension of Bush's administration.

What exactly is this "Free market lie"?

And what do you mean by "slave"? Slavery is necessarily involuntary by it's very definition.

No..I'm sure you can tell me what they mean. I have been punished for speaking politics on this forum, and I therefore will no longer put my opinion into the matter.


You have won.