On Sat, Jul 23, 2011 at 12:14 PM, Grussgott <[email protected]> wrote:
> > So I'm back to Keynes; if business isn't spending and consumers aren't > spending the only way to kick the economy in the arse is government > spending. But then what about the debt? I dunno but I can't get around the > logic of that conclusion. > Keynesian priming the pump only works in a closed system. In an open system like we have now, the money can leave the country, so it's useless to prime the pump. If we default, that makes it easier. We re-value the dollar and bring jobs back to the US. And get rid of the Federal Reserve. They have totally failed at their stated mission. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:340873 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
