The rightwing has now embraced Keynesian economics

Billy000

Democratic Socialist
Nov 10, 2011
32,634
13,296
1,600
Colorado
The government benefits provided by the CARES act has boosted consumer spending and helped dull the GDP recession. Hell Fox News is acknowledging this shit.


Remember when Obama extended unemployment benefits and republicans said it did nothing to help the economy? They were wrong then because it helped reverse the Bush recession. We’ve had job growth EVER SINCE.

We liberals were ahead of the curve on this. We said boosting consumer spending was key to a good economy all along.
 
Last edited:
The government benefits provided by the CARES act has boosted consumer spending and helped dull the GDP recession. Hell Fox News is acknowledging this shit.


Remember when Obama extended unemployment benefits and republicans said it did nothing to help the economy? They were wrong then because it helped reverse the Bush recession. We’ve had job growth EVER SINCE.

We liberals were ahead of the curve on this. We said boosting consumer spending was key to a good economy all along.

Reagan convinced conservatives and most centrists that it is the billionaires' prosperity that drives the economy, and that consumer spending is irrelevant. Factual data contradicts this major principle of Reaganomics, but when have Reagan devotees ever accepted facts over Reagan's snake oil?

.
 
The government benefits provided by the CARES act has boosted consumer spending and helped dull the GDP recession. Hell Fox News is acknowledging this shit.
It does seem to work in the short run

but its all borrowed money - borrowed against our childrens future

future generations are going to curse you and every borrow and spend lib, democrst or republican
 
The government benefits provided by the CARES act has boosted consumer spending and helped dull the GDP recession. Hell Fox News is acknowledging this shit.


Remember when Obama extended unemployment benefits and republicans said it did nothing to help the economy? They were wrong then because it helped reverse the Bush recession. We’ve had job growth EVER SINCE.

We liberals were ahead of the curve on this. We said boosting consumer spending was key to a good economy all along.

You people did it without reason. Your job growth was abysmal.
 
The government benefits provided by the CARES act has boosted consumer spending and helped dull the GDP recession. Hell Fox News is acknowledging this shit.
It does seem to work in the short run

but its all borrowed money - borrowed against our childrens future

future generations are going to curse you and every borrow and spend lib, democrst or republican
Every dollar spent on the economy creates a profit for the economy. Therefore the revenue dollar lost is gained by a $1+ in the economy.
 
Every dollar spent on the economy creates a profit for the economy. Therefore the revenue dollar lost is gained by a $1+ in the economy.
Thats like snorting coke for short term high

if interest rates go up the debt will be unsustainable
 
Remember when Obama extended unemployment benefits and republicans said it did nothing to help the economy?

Extend unemployment benefits too long and you slow down the recovery of jobs.
When benefits end, people finally decide to get a job. Every time.
Obama didn’t do that so your point isn’t relevant.
 
The government benefits provided by the CARES act has boosted consumer spending and helped dull the GDP recession. Hell Fox News is acknowledging this shit.


Remember when Obama extended unemployment benefits and republicans said it did nothing to help the economy? They were wrong then because it helped reverse the Bush recession. We’ve had job growth EVER SINCE.

We liberals were ahead of the curve on this. We said boosting consumer spending was key to a good economy all along.
Republicans are consistent at being wrong.
 
Every dollar spent on the economy creates a profit for the economy. Therefore the revenue dollar lost is gained by a $1+ in the economy.
Thats like snorting coke for short term high

if interest rates go up the debt will be unsustainable
The debt is sustainable as you might have noticed even if it isn’t ideally.
Democrats don't care about the debt. They want to spend 14 trillion dollars on reparations.
 
The government benefits provided by the CARES act has boosted consumer spending and helped dull the GDP recession. Hell Fox News is acknowledging this shit.
It does seem to work in the short run

but its all borrowed money - borrowed against our childrens future

future generations are going to curse you and every borrow and spend lib, democrst or republican
Every dollar spent on the economy creates a profit for the economy. Therefore the revenue dollar lost is gained by a $1+ in the economy.

.
Unfortunately, that's not how the economy is viewed by the vast majority of right-wingers and a large portion of centrists. To them, it's the hiring power of the billionaires that is most important, whether the billionaires hire for jobs here in the U.S. or overseas. Since it's the overseas jobs that provide the most prosperity for the billionaires, you can see why right-wingers and centrists vote for candidates that make outsourcing profitable for the fat cats.

.
 
The government benefits provided by the CARES act has boosted consumer spending and helped dull the GDP recession. Hell Fox News is acknowledging this shit.
It does seem to work in the short run

but its all borrowed money - borrowed against our childrens future

future generations are going to curse you and every borrow and spend lib, democrst or republican
Every dollar spent on the economy creates a profit for the economy. Therefore the revenue dollar lost is gained by a $1+ in the economy.

.
Unfortunately, that's not how the economy is viewed by the vast majority of right-wingers and a large portion of centrists. To them, it's the hiring power of the billionaires that is most important, whether the billionaires hire for jobs here in the U.S. or overseas. Since it's the overseas jobs that provide the most prosperity for the billionaires, you can see why right-wingers and centrists vote for candidates that make outsourcing profitable for the fat cats.

.
Yeah it’s all so backwards. It sounds intuitive is the problem. That’s why they buy into it. It just doesn’t work
 
The government benefits provided by the CARES act has boosted consumer spending and helped dull the GDP recession. Hell Fox News is acknowledging this shit.


Remember when Obama extended unemployment benefits and republicans said it did nothing to help the economy? They were wrong then because it helped reverse the Bush recession. We’ve had job growth EVER SINCE.

We liberals were ahead of the curve on this. We said boosting consumer spending was key to a good economy all along.

Money velocity has been show to be bogus.

TDS thread 1,778.
 
Since it's the overseas jobs that provide the most prosperity for the billionaires, you can see why right-wingers and centrists vote for candidates that make outsourcing profitable for the fat cats.
We want to bring jobs back to America from china but its liberal democrat who oppose it
 

Forum List

Back
Top