General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsMitt Romney clarifying and endorsing Government spending!
I almost cant believe he said this a couple days ago.
I've never heeard it explained this way but this is really a very simple explanation how Keynesian economics works.
Of course the T-Boner and Party is hating this Romney quote.
"Well because, if you take a trillion dollars for instance, out of the first year of the federal budget, that would shrink GDP over 5 percent. That is by definition throwing us into recession or depression. So I'm not going to do that, of course,"
Boehner, by contrast, said cutting spending will spur the economy by giving "certainty" to the business community. "It would lift this cloud of uncertainty that's causing employers to wonder what's next. So dealing with our debt and our deficit are critically important," he said.
http://www.huffingtonpost.com/2012/05/25/romney-spending-cuts-depression-tea-party_n_1545933.html
spiderpig
(10,419 posts)I've yet to hear a coherent thought from his stupid head.
Life Long Dem
(8,582 posts)How else to keep the wages down and the job market competitive. Plus less spending equal less taxes on Romneys millions. And isn't that why Romney is running ion the first place?
ErikJ
(6,335 posts)Called Military Keynesianism.
Life Long Dem
(8,582 posts)It's all a matter of convincing people he is out to help the 99%.
And to find proof in this. Ask yourself why there are not 99% of the people voting against this one percenter? Because this is the media convincing you.