More proof our govt is a complete failure

Mac1958

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Biden will nominate yellen as treasury secretary. The Keynesian that supports failed Keynesian economic policies.
Keynesian economics has failed over and over and over and over. Fucking idiots.
But hey, the statists love it. It grows the federal govt!
GO MURICA'
Um, you do know that Trump has made Keynes look like an amateur, right?

I know they don't tell you about that on talk radio, but you may want to check it out.

Holy crap.
 
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TNHarley

TNHarley

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Biden will nominate yellen as treasury secretary. The Keynesian that supports failed Keynesian economic policies.
Keynesian economics has failed over and over and over and over. Fucking idiots.
But hey, the statists love it. It grows the federal govt!
GO MURICA'
Um, you do know that Trump has made Keynes look like an amateur, right?

I know they don't tell you about that on talk radio, but you may want to check it out.

Holy crap.
I never said he didnt.
This is about BIDEN you tunnel vision dumbfuck.
Maybe you can quote me where i praised his keynesian policies?
These show i have been against this bullshit for YEARS
Its already happening. Drooling out the mouth over actions he says he will take that completely contradicted his rhetoric. LOL
Partisanship is the devil.
Who cares what Europe did or didn't do?
Austerity worked for US after the Great Depression
Are you a Keynesian liberal too? LOL
GDP went from 44% to 9%
Price control was abandoned
Total output fell, but private-sector GDP rose!
After Truman dumped FDR's radicals, business confidence rose, and investing in America started happening again
FDR was a fool
Now fuck off, faggot.
 

Mac1958

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Biden will nominate yellen as treasury secretary. The Keynesian that supports failed Keynesian economic policies.
Keynesian economics has failed over and over and over and over. Fucking idiots.
But hey, the statists love it. It grows the federal govt!
GO MURICA'
Um, you do know that Trump has made Keynes look like an amateur, right?

I know they don't tell you about that on talk radio, but you may want to check it out.

Holy crap.
I never said he didnt.
This is about BIDEN you tunnel vision dumbfuck.
Maybe you can quote me where i praised his keynesian policies?
These show i have been against this bullshit for YEARS
Its already happening. Drooling out the mouth over actions he says he will take that completely contradicted his rhetoric. LOL
Partisanship is the devil.
Who cares what Europe did or didn't do?
Austerity worked for US after the Great Depression
Are you a Keynesian liberal too? LOL
GDP went from 44% to 9%
Price control was abandoned
Total output fell, but private-sector GDP rose!
After Truman dumped FDR's radicals, business confidence rose, and investing in America started happening again
FDR was a fool
Now fuck off, faggot.
:itsok:
 
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TNHarley

TNHarley

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2nd post bbbbbbbbbbuuuuuuuuuuutttttttttttttttttttttttttt orange man bad
:rofl:
 
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TNHarley

TNHarley

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Back to the ACTUAL topic

I’ve previously written that Keynesian economics is like Freddy Kreuger. No matter how many times it is killed off by real-world evidence, it comes back to life whenever a politician wants to justify a vote-buying orgy of new spending.

And there will always be Keynesian economists who will then crank up their simplistic models that churn out results predicting that a bigger burden of government spending somehow will produce additional growth.

They never bother to explain why they think draining funds from the private sector is good for growth, of course, or why they think politicians supposedly spend money more wisely than households and businesses.
 
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TNHarley

TNHarley

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Professor Mulligan explains why Keynesian economics doesn’t work in the real world.

Two critical elements are missing from the old-style Keynesian approach. The first piece is that employment, which depends on benefits and opportunity costs to employer and employee, is a bigger driver of spending than government benefits are. For every person kept out of work by benefits, that is less aggregate spending that is not made up elsewhere in the economy. The second missing piece is that taxpayers and lenders to our government finance these benefits and therefore have less to spend and save on other things. Even a foreign lender who decides to lend that extra $1 million to our government may well be lending less to U.S. households and companies. At best, redistribution from workers to the unemployed reallocates demand rather than increasing its total.
 
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TNHarley

TNHarley

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"Inflation is taxation without Legislation"
Milton Friedman
 
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TNHarley

TNHarley

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No dems want to defend this?
 

Dragonlady

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Biden will nominate yellen as treasury secretary. The Keynesian that supports failed Keynesian economic policies.
Keynesian economics has failed over and over and over and over. Fucking idiots.
But hey, the statists love it. It grows the federal govt!
GO MURICA'
Keynesian economic policies are far more successful than the hyper-capitalism which has been discredited around the world as "trickle down economics", or as Bush 41 correctly dubbed them "voodoo economics". You currently have 80% of the wealth of the nation flowing to the top 20%, while in Keynesian economies, that number is less than 50%/. Norway is 48%, Canada is 39%.

A thriving and economically vibrant middle class is the key to a thriving and successful economy. The American middle class is shrinking, and more are fallling into poverty than are rising to wealth. This is a feature, not a bug of the Republican economic policies.

40 years of Republican economic policies and tax codes has accelerated this transfer of wealth and power to the top, and working Americans have cheered as they've done it. It makes no economic sense whatsoever, and is the reason why Republicans don't ever tell the truth.
 
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TNHarley

TNHarley

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Biden will nominate yellen as treasury secretary. The Keynesian that supports failed Keynesian economic policies.
Keynesian economics has failed over and over and over and over. Fucking idiots.
But hey, the statists love it. It grows the federal govt!
GO MURICA'
Keynesian economic policies are far more successful than the hyper-capitalism which has been discredited around the world as "trickle down economics", or as Bush 41 correctly dubbed them "voodoo economics". You currently have 80% of the wealth of the nation flowing to the top 20%, while in Keynesian economies, that number is less than 50%/. Norway is 48%, Canada is 39%.

A thriving and economically vibrant middle class is the key to a thriving and successful economy. The American middle class is shrinking, and more are fallling into poverty than are rising to wealth. This is a feature, not a bug of the Republican economic policies.

40 years of Republican economic policies and tax codes has accelerated this transfer of wealth and power to the top, and working Americans have cheered as they've done it. It makes no economic sense whatsoever, and is the reason why Republicans don't ever tell the truth.
"hyper capitalism" isnt even REAL. It is a term made up by marxists.
I had to stop reading after that.
 

Dragonlady

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Biden will nominate yellen as treasury secretary. The Keynesian that supports failed Keynesian economic policies.
Keynesian economics has failed over and over and over and over. Fucking idiots.
But hey, the statists love it. It grows the federal govt!
GO MURICA'
Keynesian economic policies are far more successful than the hyper-capitalism which has been discredited around the world as "trickle down economics", or as Bush 41 correctly dubbed them "voodoo economics". You currently have 80% of the wealth of the nation flowing to the top 20%, while in Keynesian economies, that number is less than 50%/. Norway is 48%, Canada is 39%.

A thriving and economically vibrant middle class is the key to a thriving and successful economy. The American middle class is shrinking, and more are fallling into poverty than are rising to wealth. This is a feature, not a bug of the Republican economic policies.

40 years of Republican economic policies and tax codes has accelerated this transfer of wealth and power to the top, and working Americans have cheered as they've done it. It makes no economic sense whatsoever, and is the reason why Republicans don't ever tell the truth.
"hyper capitalism" isnt even REAL. It is a term made up by marxists.
I had to stop reading after that.
Hyper-capitalism is most definitely real. With 80% of your wealth going to the top, and few protections for workers or the communities who support these businesses, hyper-capitalism has been a massive failure for the American economy, as witnessed by 30 major crashes in the past 40 years - all of which have accelerated the rate of wealth transfer to the top.
 

Nostra

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Biden will nominate yellen as treasury secretary. The Keynesian that supports failed Keynesian economic policies.
Keynesian economics has failed over and over and over and over. Fucking idiots.
But hey, the statists love it. It grows the federal govt!
GO MURICA'
Keynesian economic policies are far more successful than the hyper-capitalism which has been discredited around the world as "trickle down economics", or as Bush 41 correctly dubbed them "voodoo economics". You currently have 80% of the wealth of the nation flowing to the top 20%, while in Keynesian economies, that number is less than 50%/. Norway is 48%, Canada is 39%.

A thriving and economically vibrant middle class is the key to a thriving and successful economy. The American middle class is shrinking, and more are fallling into poverty than are rising to wealth. This is a feature, not a bug of the Republican economic policies.

40 years of Republican economic policies and tax codes has accelerated this transfer of wealth and power to the top, and working Americans have cheered as they've done it. It makes no economic sense whatsoever, and is the reason why Republicans don't ever tell the truth.
"hyper capitalism" isnt even REAL. It is a term made up by marxists.
I had to stop reading after that.
Hyper-capitalism is most definitely real. With 80% of your wealth going to the top, and few protections for workers or the communities who support these businesses, hyper-capitalism has been a massive failure for the American economy, as witnessed by 30 major crashes in the past 40 years - all of which have accelerated the rate of wealth transfer to the top.
30 major crashes in the past 40 years?

Let's see your list.................watch this.
 

Mac1958

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Opposing Authoritarian Ideological Fundamentalism.
Biden will nominate yellen as treasury secretary. The Keynesian that supports failed Keynesian economic policies.
Keynesian economics has failed over and over and over and over. Fucking idiots.
But hey, the statists love it. It grows the federal govt!
GO MURICA'
Keynesian economic policies are far more successful than the hyper-capitalism which has been discredited around the world as "trickle down economics", or as Bush 41 correctly dubbed them "voodoo economics". You currently have 80% of the wealth of the nation flowing to the top 20%, while in Keynesian economies, that number is less than 50%/. Norway is 48%, Canada is 39%.

A thriving and economically vibrant middle class is the key to a thriving and successful economy. The American middle class is shrinking, and more are fallling into poverty than are rising to wealth. This is a feature, not a bug of the Republican economic policies.

40 years of Republican economic policies and tax codes has accelerated this transfer of wealth and power to the top, and working Americans have cheered as they've done it. It makes no economic sense whatsoever, and is the reason why Republicans don't ever tell the truth.
:clap2:

The real socialists in this country should be thanking these pseudo-capitalists for their help.

They have so misapplied capitalism -- thinking that any controls are the bane of capitalism rather than a critical component of it -- that they have made more and more people interested in an alternative due to the imbalances they have created.

These arrogant, ignorant wannabe economists have opened the door to the very thing they're most afraid of.
 

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