Krugman is the big Keynesian Cheerleader of the day. You see him arguing for balanced budgets. No, quite the contrary he argues for more spending.
Get back to me when you've actually read a few economics texts, including a comprehensive study of Keynesian economics. What you display is a marked lack of understanding of a subject you repeatedly malign. You economics "education," so to speak, is limited to disjointed slant pieces written by agenda-driven ideologues. Please try not to comment on matters about which you have little or no understanding.
LOL, Keynesian economics is such a joke, the only people left believing in it are far left radicals. Only a hopeless fucking idiot could dismiss the fact that every single G7 country is now in debt up to their eyeballs due to keynesian economics. Keynes basically gave all the big government shitheads an excuse to spend money endlessly, and thats why the left supports it. Instead of pulling government spending back every time the economy hit a dip, keynes gave the radical leftists an excuse to keep the government tap flowing, regardless of whether or not you could afford it, the mantra is always "now is not the time to cut government spending." Any logical person can see where this is going, but somehow guys like krugman are able to convince their band of left wing dullards that what we really need to do to solve the deficit is spend more money!!! And Of course when we go bankrupt the keynesian shitheads will try to tell us the reason we went bankrupt was because we simply didnt spend enough money. <iframe width="420" height="315" src="http://www.youtube.com/embed/U1S9F3agsUA" frameborder="0" allowfullscreen></iframe>
...those who actually understand it. You have repeatedly proven in this forum that you slept straight through your alleged economics classes.
Other than the fact I have an Econ degree from a school in D.C. where a couple of my professors wrote the books... I might agree with you. (I am not claiming my school was Ivy but some of my professors were.) Now where did you get your Econ degree... the Molson factory eh? Now stop changing the subject and explain how you are a fiscally conservative Keynesian. If you say something intelligent I might agree with you. Keynes was a smart guy. He has been perverted by leftists like you and of course, Krugman and every democrat on the hill. (some neo cons as well) For instance... form wikipedia As noted,[clarification needed] the classicals wanted to balance the government budget. To Keynes, this would exacerbate the underlying problem: following either the expansionary policy or the contractionary policy[clarification needed] would raise saving (broadly defined) and thus lower the demand for both products and labour. For example, Keynesians would advise tax cuts instead.[14] 14. Galbraith, John K. (2009) The Great Crash.Houghton Mifflin Harcourt, 137
What you actually demonstrated, again, was your inability to read for comprehension, not your fault, an eighth grade reading level gets you out of high school, and college was clearly not an option for you, so I understand.
Jem, I am not going to continue repeating myself whenever anyone tells me to jump. I have explained myself and the general lack of understanding of Keynes's fiscal policy by ET's Right Set a number of times. Do a search under my current and previous user name together with the word Keynesian and I'm sure you'll find it.
Lies. No one with that kind of exposure could post leftie this and rightie that. You don't even know the geography of own state. Knowing where you are is fundamental to all travelers, so save that for someone who does not travel. You are outed. Get out some Mav, being in an airport does not count