Thread: Obama Stimulus and the Broken Window logical fallacy
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Old 02-07-2009, 07:20 PM  
Ethersync
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Quote:
Originally Posted by Snake Doctor View Post
In this case government is the spender (demand) of last resort. (Keynesian economics)
I predict that historians will look back at this time period and talk about how this crisis proved Keynesian economics is a failure. Time will tell though
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