Uh huh. Somehow, claiming "Economics In One Lesson" trumps basic
economic principles taught in freshman macro-econ, and then claiming
that this makes you smarter, doesn't get very far up that hill.


Kubez wrote:
I figured that was the extent of your vaunted "larnin'" - I was just
biding my time 'til you admitted it.

Admitted what... that you don't have the savvy of a freshman econ student?


But as someone who actually *buys* the Keynesian government-spending-is-
manna-from-heaven claptrap that's forcefed to 300 hungover 18-year-olds at
8AM M-W-F, you should be *praising* Bush/Cheney's deficit spending spree.

???

You seem to not know much about Keynesian economics either. Let me
guess... you have no idea what Keynes contribution to economics actually
was, you've only heard him denounced as an advocate of deficit spending.

For the record, Keynes did advocate deficit spending, but only under
certain conditions (and those conditions are not what we have today) and
only on specific types of programs in the public interest. However, the
work for which he won a Nobel Prize was bringing primitive calculus into
economics, analyzing marginal rates of change.

But hey, I'm sure "Economics In One Lesson" provides such a keen insight
that you don't need to know these things... you're the equivalent of a
Ph.D! I'm sure you could do a GREAT job with our nation's fiscal policy
just the same as you could design a jet aircraft after browsing "Physics
In One Lesson" no doubt.

DSK