Mr. Right Wrote:
Feb 13, 2013 7:31 PM
The problem with Keynes as an economist for this country is that he was a British economist. As such, he was very much government-centric. Our founders did not inflict government-centrism on us, succeeding generations of politicians did, most notably starting with Wilson, another grown spurt under FDR, yet another under LBJ, and now a new round under BHO. Another problem with Keynes, as practiced in modern times, is that nobody pays attention to the part of his work where he insists that government pay off the debts during the good times. No modern politician, European or American; Democrat or Republican; has apparently read that far in the book. Short Attention Span Government - a worldwide problem!!