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Keynesian Krugman: "Told You So" to debt freaks

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  • Keynesian Krugman: "Told You So" to debt freaks

    Hah, that's got to sting.

     

    Deficit Hawks Down

     

    President Obama

    Silk City Music Factory: A Connecticut Recording Studio

  • #2

    Yep.

    As I've said for 4 years now, the only really bad thing about the high deficits during the recession was that it was already so high when it hit.

    The other side of Keynesian economics is that while you run up deficits during bad time, that you pay them back down during good. It's the 2nd part our government has the most problems doing.

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    • thankyou
      thankyou commented
      Editing a comment

      guido61 wrote:

      Yep.

      As I've said for 4 years now, the only really bad thing about the high deficits during the recession was that it was already so high when it hit.

      The other side of Keynesian economics is that while you run up deficits during bad time, that you pay them back down during good. It's the 2nd part our government has the most problems doing.


      The Republicans, with their deadbeat voodoo economics, have become a national disgrace.


  • #3

    Philter wrote:

    Hah, that's got to sting.

     

    Deficit Hawks Down

     

    President Obama

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    • PFB
      PFB commented
      Editing a comment

      There aren't any real life 'debt freaks' or 'deficits hawks' in Washington ( maybe a handful, but not any meaningful number). The debt 'crisis' and fiscal 'cliff' are just ways for the Republicans to stick it to Obama.

       

      If Romney had won the election, the fiscal cliff would have been averted the day immediately after the election.


  • #4
    Whistling past the graveyard works for a lot of people.

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