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TedG

Advanced Member
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Everything posted by TedG

  1. Are you waiting on your talking points so you answer my question?
  2. You have no idea, you are repeating what you are told to thing.
  3. I’m not seeing the fascism. Can you point it out?
  4. This was brutal.
  5. That's not socialism. Do you people not understand the meaning of the term?
  6. Keynesian is not socialism. Socialism is when the government owns the means of production, and socialism always fails.
  7. Keynesian economics is a theory of economics developed by John Maynard Keynes during the 1930s, especially in response to the Great Depression. It emphasizes the role of government spending and demand in influencing economic activity. Core Ideas of Keynesian Economics: Demand Drives the Economy: Economic output is primarily determined by aggregate demand (the total spending in the economy). If demand falls, businesses produce less, hire fewer workers, and the economy contracts. Government Should Intervene: In a recession, private demand may not be enough to keep the economy at full employment. Government spending (fiscal policy) can help make up for this shortfall and boost demand. This could include building infrastructure, giving out stimulus checks, or increasing public services. “Multiplier Effect”: Government spending doesn’t just affect the economy once—it has a multiplier effect, where one person’s spending becomes someone else’s income, which they then spend, and so on. Deficits Are Okay During Recessions: Governments should run deficits (spend more than they collect in taxes) during downturns to support demand. In boom times, they can cut back and reduce debt. Sticky Wages and Prices: Wages and prices don’t adjust quickly in the real world. So markets can remain out of balance (like high unemployment) unless there’s active intervention. Contrast with Classical Economics: Classical theory assumes markets always clear (supply = demand) and economies self-correct. Keynes argued this doesn’t happen quickly, especially during deep recessions. Real-World Example: During the 2008 financial crisis, many governments adopted Keynesian-style policies—like stimulus packages and bailouts—to prevent economic collapse. Would you like to see a simple chart or example to illustrate how Keynesian spending works in practice?
  8. F Massie, he is nothing but a useless grand standing politician. If Massie thinks the attack on Iran is unconditional, then he should sue in federal court. War has not been declared since WW2.
  9. I’d be happy if they banned kinds from business class.
  10. It’s not expensive to book the roomer seats on Thai domestic flights.
  11. They would side with Stalin and Pol Pot because Trump.
  12. If you are talking about the left, I agree.
  13. To keep crap out of your mouth. You should think before posting.
  14. This site is proxied via CloudFare. Sometimes CF can have issues in some regions. I often have issues when using Apple Private relay, since it also uses CF.
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