stangerinmyownland Wrote:
Nov 09, 2012 4:32 PM
Keynes? tax cuts? Hard to use those words together in the same sentence. The truth is that any economy with the obligation to fund a welfare class is by nature Keynesian. When Keynes wrote his thesis, he thought that the government, in times of economic depression, should spend, spend & spend. To be fair, Keynes also thought the government, in the good times, should save, save and save for the spending sprees.