Honestly, and you people on the left have no idea why the economy isn't recovering;
2 comments:
Ryan Fuller
said...
I hate Krugman so much. We'd all be better off if he were buried alive with a big wad of cash at the bottom of a mine shaft, to be dug up when a recession reduced the rate of return on investment to the point that it was profitable to dig him out again. Finally, a Keynesian idea I can get behind.
I have yet to hear a Keynesian explain to me why the end of World War 2, the most massive collapse in demand and government spending in US history, didn't produce a recession. Hell, the debt as a percentage of GDP dropped by 45% in the eight years after the end of World War 2.
I don't know how anybody can take those morons seriously.
2 comments:
I hate Krugman so much. We'd all be better off if he were buried alive with a big wad of cash at the bottom of a mine shaft, to be dug up when a recession reduced the rate of return on investment to the point that it was profitable to dig him out again. Finally, a Keynesian idea I can get behind.
I have yet to hear a Keynesian explain to me why the end of World War 2, the most massive collapse in demand and government spending in US history, didn't produce a recession. Hell, the debt as a percentage of GDP dropped by 45% in the eight years after the end of World War 2.
I don't know how anybody can take those morons seriously.
Evacuate a city. Nuke it. Rebuild it. Instant economic boom.
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