On Sun, 17 Jan 2010 20:16:06 -0500, "Eisboch" wrote:


"bpuharic" wrote in message
.. .
On Sun, 17 Jan 2010 16:42:02 -0700, Canuck57
wrote:


ever hear of john maynard keynes?

no. i suppose not. i suggest you read him. even a conservative might
learn something.

you morons caused the economy to collapse. the ONLY institution left
that had any spending power was the govt.



Ever hear of Japan's "Lost Decade"?
Keynesian Economics practiced to the letter by the government of Japan.
It didn't work.

it's still going on. and it has nothing to do with keynesian
economics. it has to do with the mercantilist policies of japan


Actually, Japan has never truly recovered. It's economic problems have
persisted
for much longer than a decade. But, our government is now trying exactly
the same thing.


we've had 30 years of free market fundamentalism with the greatest
economic inequality of any country in the western world. social
democracies in europe have per capita GDP's equal to ours, while they
maintain a safety net we only dream of.

and the rich here are richer than anywhere else while the middle class
pays for their mistakes


The answer is jobs. Re-vitalize the US manufacturing sector. Institute
tariffs on anything
imported.

tariffs don't work. they never have.



Keynesian Economics is valid in an open, balanced and fair trade market. It
has no application to the
current problems. The academics need to get their noses out of the books
and take a
look around them.

keynesian economics saved the US from a 2nd 30's style depression.
friedman's monetarism caused the collapse