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TOPIC: If Romney Wins By Bill Mahr
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LQQKNFORU
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Let me add a small George Carlin comedy routine line, slightly edited to support Mahr's commentary. "Think of how stupid half of those who vote for the Republican Party are, and then you realized the other half is more stupid. Or really evil."
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Treasure Is FL |
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Mahr's humorous, incisive commentary about Willard Mitt Romney shows that any true American patriot knows that the Republic-con Party has completely corrupted the integrity of politics and religion in the leader of democracy among the nations of this cosmos.
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Treasure Is FL |
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I wasn't responding to you, I was responding to Fun...
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Lakeside CA |
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"That is not classic Keynesian economics. During the bad times, you increase government spending to replace aggregate demand.
During good times, the tax revenue will help you pay off the debt you incurred during the bad times. " Isn't that what I pretty much said? Though I did leave out the taxes because if you ONLY use deficit spending when in recession, well the taxes revert every time to former levels (if taxes is the vehicle you use)..... |
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East Fishkill NY |
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I'm sorry, I just could not resist...
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East Fishkill NY |
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where is west vaginia?
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East Fishkill NY |
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"It's quite another to juice the economy on a regular basis and build up unsustainable debt."
That is not classic Keynesian economics. During the bad times, you increase government spending to replace aggregate demand. During good times, the tax revenue will help you pay off the debt you incurred during the bad times. That's the way it was played up until the 1980's, when Reagan told everyone they could have their cake and eat it, too. |
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Lakeside CA |
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Hazle Township PA |
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East Fishkill NY |
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"I've taken to answering the question: Are you Dem or Rep" with "I'm a Keynesian." It' is the ONLY economic model proven to work over and over again, compared to the Chicago School (Uncle Milty) and 'trickle down' which has been proven an abject failure more than once."
There are limits to Keynesian economics, and deficit spending becomes counterproductive if pursued as a full-time strategy or to an extreme. It's one thing to jumpstart a recessed economy with government spending when private aggregate demand has dropped off the charts. It's quite another to juice the economy on a regular basis and build up unsustainable debt. |
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San Quentin CA |
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TOPIC: If Romney Wins By Bill Mahr
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