Generally, governments' economic stimuli are politically popular and their attempts to dampen their economies are unpopular. Both Keynesian and other economic philosophies must deal with occurrences of overheated economies.
Governments TEMPORARY expenditures for stimulus programs during economic recession or depression stress are popular. When stimulus dollars are spent for needs that are likely in the future to increase and their amounts (due to currency inflation) are additionally more likely to increase, they are both economically and politically sensible.
At such economically stressful times TEMPORARY increased federal spending. grants or loans for increased durations of unemployment insurance, and sustaining necessary federal, state or local public services, (i.e. the general physical and social welfare of our nation) within the nations financial capabilities, are (in my opinion) economically justifiable.
A problem arises when public funds or credit is risked for loans, (particularly loans directly or indirectly for non-government entities) are due to their extent of risk or other attributes of the loans to be intrinsically less justified.
The purpose of anti-trust or monopoly or oligopoly laws and regulations is to provide more level playing fields for all entities and no non-government entity should ever be permitted to grow to big to be permitted to fail. USAs laws and regulations are obviously inadequate. The lack of governments explicitly drafted, equally and diligently enforced regulations are not the solution, but rather the cause of our problems.
Respectfully, Supposn
Governments TEMPORARY expenditures for stimulus programs during economic recession or depression stress are popular. When stimulus dollars are spent for needs that are likely in the future to increase and their amounts (due to currency inflation) are additionally more likely to increase, they are both economically and politically sensible.
At such economically stressful times TEMPORARY increased federal spending. grants or loans for increased durations of unemployment insurance, and sustaining necessary federal, state or local public services, (i.e. the general physical and social welfare of our nation) within the nations financial capabilities, are (in my opinion) economically justifiable.
A problem arises when public funds or credit is risked for loans, (particularly loans directly or indirectly for non-government entities) are due to their extent of risk or other attributes of the loans to be intrinsically less justified.
The purpose of anti-trust or monopoly or oligopoly laws and regulations is to provide more level playing fields for all entities and no non-government entity should ever be permitted to grow to big to be permitted to fail. USAs laws and regulations are obviously inadequate. The lack of governments explicitly drafted, equally and diligently enforced regulations are not the solution, but rather the cause of our problems.
Respectfully, Supposn