Yes, this should be established by now
No, and here is my very good reason why.....
70%
7 votes
30%
3 votes
Guys, please vote on this debate by AK. http://www.debate.org/debates/Keynesian-economics-is-valid/1/
Wait, Macgreggor made another account? Well then....
What is the account?
@Gunther. While I don't know much about Keynesian economics, I know that what you're saying is flawed Cause and Correlation. Despite what you think, Spending didn't lead to economic increase. Economic increase leads to higher spending, as tax income increases as well as the base taxable amount. It's well known that economically stronger nations tend to lead to more liberal spending.
Doesn't matter. Anyways, why would people possibly believe otherwise. Of course the government can assist in stimulating the economy.
Its also not true that Republicans are against Keynesian economics. Its a rather universal school. The level of which is debated. And Donald, I don't understand how what you said relates to Keynesian economics. The philosophy, is that government stimulus can help the economy and create growth.
Miles, enlighten me on how terrible Keynesian economics are?
Jifpop09 cut the comments about MACGREGGOR and me please. You cause undue problems and for what? Macgreggor is not me nor I him. He got fed up with DDO. I am not a member of DDO. Ok?
You are Macgreggor, but its cool either way.
Jif you just can't help but keep something stirred up can you? What is you damage? Don't you have enough people to F*ck with? Just leave me alone, your trolling gets old after awhile.
Sure macgreggor
Sure MCJiffyLube. You had to continue and for what end? Spite, hubris, or just plain a**holery.
Despite what Republicans say, it is clear that Keynesian economic policy works. During the years from 1933 to 1936, Government spending brought recovery. A lull in spending during 1937 and 1938 hindered progress. When spending resumed again in 1939 and 1940, the recovery resumed.
Let's not forget the 1980's recession and how keynesian economic models of deficit spending and low interest rates began to bring the country out of the recession.
Absolutely.
Because of math.
I would write a bit about why Keynes was a moron, but I'm tired right now so I'll just give you some reading material about how well Keynesian economics work: http://www.dispatch.com/content/stories/editorials/2013/10/19/history-shows-keynesian-economics-doesnt-work.html http://azconservative.org/2013/10/15/economics-why-keynesian-economics-doesnt-work/ http://www.forbes.com/sites/peterferrara/2012/07/12/obamanomics-the-final-nail-in-the-discredited-keynesian-coffin/