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> What you never hear from them is alternative policies You’re not familiar with Keynes I guess. There are many many well thought out alternatives to austerity
by rusk 3y ago
> What you never hear from them is alternative policies
You’re not familiar with Keynes I guess. There are many many well thought out alternatives to austerity that have been shown to work. The problem with them is it’s harder to cushion particular classes from having to bear some of the cost.
- fallingknife 3y agoNeither are you, I guess. Keynes also suggested running surpluses in times of growth to counteract it, but it seems policy makers didn't really get that half of it. That the results of "Keynesian" economic policy as practiced by politicians and actual Keynesian policy differ in outcome is about as obvious as the fact that alternating the gas and brakes in your car will have a different result than smashing the accelerator and never letting go.
- rusk 3y ago> Neither are you, I guess Not sure why you’re being so thick about this. There’s plenty of criticism of Keynes and how his practices are implemented (or whether they should even) but that’s quite a different thing to saying that nobody has any alternatives.