3 ms·
Yeah which pretty much make Keynesian policy useless since it can't be implemented within a democracy.
by dageshi 14y ago
Yeah which pretty much make Keynesian policy useless since it can't be implemented within a democracy.
- JPKab 14y agoIt can if you have a balanced budget mechanism which allows tax cuts only if they are paid for, based on a broad-spectrum analysis of GDP growth rate. Not one study, but a Nate Silver like approach to measuring GDP.
- dageshi 14y agoWhich no politician is going to vote for because it curtails their ability to be re-elected.