http://www.uspoliticalscene.com/2009/01/keynesian-economics-is-not-the-way/#utm_source=rss&utm_medium=rss&utm_campaign=keynesian-economics-is-not-the-way A right of center view of American politics Thu, 11 Feb 2010 15:00:12 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://www.uspoliticalscene.com/2009/01/keynesian-economics-is-not-the-way/comment-page-1/#comment-695 Matthew Postell Wed, 25 Feb 2009 00:26:18 +0000 http://www.uspoliticalscene.com/?p=198#comment-695 I understand the whole concept that during good times pay back the deficit. The problem with that is that government has been expanded during the recession and spending has increased. The "temporary" government is never temporary. That means we have to increase taxes to take up the new formed government. Even if we have a surplus, our "bailout" (in a broad term) money far exceeds our taxes in the "good times" I understand the whole concept that during good times pay back the deficit. The problem with that is that government has been expanded during the recession and spending has increased. The “temporary” government is never temporary. That means we have to increase taxes to take up the new formed government. Even if we have a surplus, our “bailout” (in a broad term) money far exceeds our taxes in the “good times”

]]> http://www.uspoliticalscene.com/2009/01/keynesian-economics-is-not-the-way/comment-page-1/#comment-612 Euripides Wed, 28 Jan 2009 05:27:43 +0000 http://www.uspoliticalscene.com/?p=198#comment-612 The problem isn't Keynes, per se, the problem, as you pointed out is that during times of economic upswing, the deficit must be paid off and spending reduced. We've come into this recession with a large inheritance of debt from the Bush administration when economic times were supposed to be all right. Now government is just heaping insult on the injury. The problem isn’t Keynes, per se, the problem, as you pointed out is that during times of economic upswing, the deficit must be paid off and spending reduced. We’ve come into this recession with a large inheritance of debt from the Bush administration when economic times were supposed to be all right. Now government is just heaping insult on the injury.

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