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Politicians are not following Keynesian principles, instead focusing on short-term gains. We should be paying down debt during the top of the cycle so that we
by tabtab 8y ago
Politicians are not following Keynesian principles, instead focusing on short-term gains. We should be paying down debt during the top of the cycle so that we have spending money for slumps. Keynesian policy is Grandmother's advice: "save up for bad times." The recent tax-cuts were stimulus at the WRONG time.
- cannonedhamster 8y agoAmerican politics nowadays has little to do with anything other than cult of personality. The way we're set up exacerbates the issues as there's little incentive to work the middle of the aisle anymore where some of the best work happened. I'm a firm believer in conservative fiscal policy and liberal social policy. Good luck finding that in modern politics.