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Economy

Laelth

(32,017 posts)

1. Simple Keynsean economics.

Reply to eridani (Original post)

Fri May 31, 2013, 07:09 AM

May 2013

I am not an economist, but I think Keynes was right about this. The public sector ought to spend more when the private sector contracts in order to stimulate activity and to lessen the effects of a contracting economy.

Some sane Republicans can see this and say it. Most, however, have to toe the party line.

-Laelth

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Washington�s Literal Sinkhole, and Our Idiotic Fixation on Deficits [View all] eridani May 2013 OP

Simple Keynsean economics. Laelth May 2013 #1

I don't disagree with you at all, but... JayhawkSD May 2013 #2

Good point, and I do not know the answer. Laelth May 2013 #3

We are in a recovery, just a very flat one Yo_Mama May 2013 #4

A "flat recovery" is a contradiction in terms. n/t JayhawkSD Jun 2013 #5

You can see from the graphs Yo_Mama Jun 2013 #6

It's still a contradiction in terms. JayhawkSD Jun 2013 #7

But those numbers are influenced by retirements! Yo_Mama Jun 2013 #8

Not based on how the work force is defined JayhawkSD Jun 2013 #9

Labor force is all those above 16 who are either working or seeking a job or have recently Yo_Mama Jun 2013 #10

Not a soul alive can argue that we are in anything but poor shape as a country. mbperrin Jun 2013 #11