Critical of Keynesian Economics
Printed From: MiddletownUSA.com
Category: Outside World
Forum Name: News, Info and Happenings outside Middletown
Forum Description: It might be happening outside Middletown, but it affects us here at home.
URL: http://www.middletownusa.com/forum/forum_posts.asp?TID=1169
Printed Date: Nov 19 2025 at 4:34pm
Topic: Critical of Keynesian Economics
Posted By: Middletown News
Subject: Critical of Keynesian Economics
Date Posted: Mar 30 2009 at 5:29pm
|
John Beagle is http://criticalpolitics.wordpress.com/2009/03/29/critical-of-keynesian-economics/ - Critical of Keynesian Economics
John Maynard Keynes’ philosophies made a bad economic situation in the 1930’s worse by prolonging its recovery. Keynesian economics was the philosophy of the Roosevelt Administration. Keynes promoted huge increases in spending on social programs by federal governments. He believed that you could spend your way out of any economic downturn. Keynesian’s believe the government is the solution to all problems and that big business is the cause of all that is evil and greedy. Keynesian’s by nature are liberal. Liberal in their views about lifestyle, capitalism, and government. Full Blog Post: http://criticalpolitics.wordpress.com/%20 - Critical Politics------------- Please like our http://www.facebook.com/middletownusa" rel="nofollow - Middletown USA Facebook Page |
Replies:
Posted By: John Beagle
Date Posted: Mar 30 2009 at 6:02pm
|
Hey thanks for posting this. I believe we are going down the wrong road today with mass spending. Didn't we learn the New Deal was a Bad Deal? ------------- http://www.johnbeagle.com/" rel="nofollow - John Beagle Middletown USA News of, for and by the people of Middletown, Ohio. |
Posted By: Mike_Presta
Date Posted: Mar 30 2009 at 6:27pm
If you are one who believes that there is such a thing as a "free lunch" and that "the government" can "give" you ANYTHING, then NO, you have learned nothing from history.
The "government" has NO MONEY!!! The "government" can give you NOTHING...unless they first TAKE the means of providing it from someone else.
There are only two ways that the government can gain the means to "give" away things:
One is by winning a war, and confiscating the wealth of the loser.
The other is by confiscating the wealth of its own citizenry.
I would welcome hearing from ANYONE who can educate me on any other plausible way.
------------- “Mulligan said he ... doesn’t believe they necessarily make the return on investment necessary to keep funding them.” …The Middletown Journal, January 30, 2012 |
John Beagle wrote: