[Peace-discuss] Liberal radio pushes deficit scam
C. G. Estabrook
galliher at illinois.edu
Thu Aug 19 20:03:00 CDT 2010
I think someone should start suggesting giving money to people who need it -
as wages, for example.
A federal jobs program - far better, a job at a living wage for everyone who
wants one.
My analysis shows that people are poor because they don't have enough money...
On 8/19/10 7:48 PM, E. Wayne Johnson wrote:
>
> "...since people with familiar with economics would likely argue that current
> deficits are too small..."
>
> That is certainly the Keynesian view.
>
> Some would argue that Keynesianism is fundamentally flawed but I doubt that
> either Austrianism or austerity is going to save the system.
>
> It's very difficult to force prosperity by throwing money at it. The money
> tends to find its way into
> the deeds of the greedy rather than into projects that work toward mutual
> benefit in the society.
>
> At this point I dont think the American economy will respond to anything short
> of the equivalent
> of a 2x4 applied to the cranium. The question is if the American people are
> clever enough, ambitious
> enough, and brave enough to bring to justice the real criminals and release
> the present incarcerates, most of whom are relatively
> innocuous .
>
>
>
>
>
> On 8/20/2010 12:33 AM, C. G. Estabrook wrote:
>> Thursday, 19 August, on NPR's "Morning Edition's top of the hour news
>> segment, Carol Van Dam described federal deficits as 'out of control' ...
>> This is an especially bizarre comment since people with familiar with
>> economics would likely argue that current deficits are too small given the
>> falloff in private sector spending associated with the collapse of the
>> housing bubble."
>>
>> http://www.cepr.net/index.php/blogs/beat-the-press/npr-joins-the-tea-party?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+beat_the_press+%28Beat+the+Press%29&utm_content=Google+Feedfetcher
>>
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>
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