Just how is that obama thing working for you?
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Just how is that obama thing working for you?
Read my lips no new taxes
Another liar caught in another lie.
Just how is that obama thing working for you?
Cato
Another liar caught in another lie.
Just how is that obama thing working for you?
Cato
Cato- Number of posts : 2010
Location : Behind my desk
Registration date : 2007-12-28
Re: Just how is that obama thing working for you?
The Keynesian Economics theory calls for government policies to "be used to increase aggregate demand, thus increasing economic activity and reducing unemployment and deflation.
Keynes argued that the solution to depression was to stimulate the economy ("inducement to invest") through some combination of two approaches: a reduction in interest rates and government investment in infrastructure. Investment by government injects income, which results in more spending in the general economy, which in turn stimulates more production and investment involving still more income and spending and so forth. The initial stimulation starts a cascade of events, whose total increase in economic activity is a multiple of the original investment."
Perhaps if our Democratic Government had invested in infrastructure instead of rewarding liberals, it might have worked better. As it is, we'll never know.
Keynes argued that the solution to depression was to stimulate the economy ("inducement to invest") through some combination of two approaches: a reduction in interest rates and government investment in infrastructure. Investment by government injects income, which results in more spending in the general economy, which in turn stimulates more production and investment involving still more income and spending and so forth. The initial stimulation starts a cascade of events, whose total increase in economic activity is a multiple of the original investment."
Perhaps if our Democratic Government had invested in infrastructure instead of rewarding liberals, it might have worked better. As it is, we'll never know.
Aaron- Number of posts : 9841
Age : 58
Location : Putnam County for now
Registration date : 2007-12-28
Re: Just how is that obama thing working for you?
What do you mean aaron?
sodbuster- Number of posts : 1890
Location : wv
Registration date : 2008-09-05
Re: Just how is that obama thing working for you?
Which part sodbuster? Keynesian Economics or Obama's failure to adhere to them?
Aaron- Number of posts : 9841
Age : 58
Location : Putnam County for now
Registration date : 2007-12-28
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