Townhall Magazine

INSIDE JUNE Townhall Magazine

Townhall Magazine
 
Townhall   HomeschoolEducator   Comments
In response to:

Obama: We Must Tax & Spend Our Way To Prosperity

HomeschoolEducator Wrote: Nov 10, 2012 12:06 PM
I taught college economics for 5 years. I have read Keynes. His theories work only in the vacuum of a limited supply of money for private citizens and an unlimited supply of money for governments. Any government on the planet that instituted his policies saw IMMEDIATELY that they did not work. Governments cannot have an unlimited supply of money...that money comes from the LIMITED supply held by private citizens (and corporations). Keynes theories have been tried (repeatedly) and have failed (repeatedly). Those who do not learn from history are doomed to repeat it.
prevpost nextpost
James_Offshore Wrote: Nov 10, 2012 12:11 PM
So true. Keynes theories have been tried and have failed, but you will never convince those who see it as a road to power.
Flag as Offensive
Read Full Story
thumbnail

Because frugality is so not FORWARD!

Breaking on TOWNHALL

Tuesday, June 18 | 09:32 PM ET
Tuesday, June 18 | 09:32 PM ET
Tuesday, June 18 | 09:32 PM ET
Tuesday, June 18 | 09:32 PM ET
Tuesday, June 18 | 09:32 PM ET
Tuesday, June 18 | 09:32 PM ET
Tuesday, June 18 | 09:32 PM ET
Tuesday, June 18 | 09:32 PM ET
Tuesday, June 18 | 09:32 PM ET
Tuesday, June 18 | 09:32 PM ET
Tuesday, June 18 | 09:32 PM ET
Tuesday, June 18 | 09:32 PM ET
 
Obama: US Helping Syrian Rebels Obama: US Helping Syrian Rebels

Snowden's Dad to Son: Come Home
Snowden's Dad to Son: Come Home

 
G-8 Leaders Discuss Syria
G-8 Leaders Discuss Syria

 
Yahoo Released User's Data to Government
Yahoo Released User's Data to Government

 
NewsBusted
NewsBusted

 
Putin Stole Super Bowl Ring?
Putin Stole Super Bowl Ring?

 

More Videos