You just have to look at what is actually being done, and not what is being said. Yes, but what you said is: Yes, that's the theory. But look around you. Is i

You just have to look at what is actually being done, and not what is being said. Yes, but what you said is: Yes, that's the theory. But look around you. Is it working? No. We're doing way worse than those recessions where we instead responded by cutting taxes and actually living within our means. This theory is wrong. This implies that the Keynesian theory of stimulus spending is wrong but you yourself admit that what is actually being done is not what is suggested by theory, it is some strange bastardized form. Actual Keynesian theory has been practiced in previous times and has succeeded relatively well. Even in this recession, the Scandinavian economic response is mostly Keynesian and they have weathered the recession very well.