Kalling all Keynesians...

Started by Virgil0211, September 16, 2011, 02:18:00 PM

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September 16, 2011, 02:18:00 PM Last Edit: September 16, 2011, 05:19:12 PM by Virgil0211
Klass is klearly now in session. Keynesians of all kolors have klaimed for quite some time that the keynesian stimulus was too small to offset the drop in aggregate demand that has been keeping the ekonomy from rekovering. Well, Krugman et al, take a gander at this...

http://reason.com/archives/2011/09/15/they-gave-a-recovery-and-nobod

That aggregate demand gap? Klosed, koinciding with a huge inkrease in government spending. Even eliminating government spending from the equation, konsumer demand is above pre-recession levels. And yet, ekonomik growth remains anemik. I wonder why...

(P.S. Anybody else think that the letter 'K' might be a bit overused sometimes...? Oh, well. Time for my Mortal Kombat with my liberal friends. :-P)

1.  Fascinating.

2.  God, you're such a dork. :P
"When the mob and the press and the whole world tell you to move, your job is to plant yourself like a tree beside the river of truth, and tell the whole world—'No. You move.'"
-Captain America, Amazing Spider-Man 537

September 17, 2011, 03:32:07 PM #2 Last Edit: September 17, 2011, 03:56:06 PM by Ibrahim90
Quote from: Virgil0211 on September 16, 2011, 02:18:00 PM
Klass is klearly now in session. Keynesians of all kolors have klaimed for quite some time that the keynesian stimulus was too small to offset the drop in aggregate demand that has been keeping the ekonomy from rekovering. Well, Krugman et al, take a gander at this...

http://reason.com/archives/2011/09/15/they-gave-a-recovery-and-nobod

That aggregate demand gap? Klosed, koinciding with a huge inkrease in government spending. Even eliminating government spending from the equation, konsumer demand is above pre-recession levels. And yet, ekonomik growth remains anemik. I wonder why...

(P.S. Anybody else think that the letter 'K' might be a bit overused sometimes...? Oh, well. Time for my Mortal Kombat with my liberal friends. :-P)

for some reason, reading this, I get the insatiable desire to scream out: "FINISH HIM!!!"

aside from that, interesting article indeed.
Meh