Quote:
Originally Posted by Hawkeye
Cool, so let's just draft about 1,000,000 young Americans and have another Surge in the Middle East. We'll steer production away from useful things like cars and computers and medicine and instead buy a bunch of bombs and drop them on Iranians.
Surely that will solve all of our economic problems, right?
Dumbass.
Oh, and when Keynes said the government should should pay people to dig holes and refill them, he was being fucking retarded. Nobel Prizes have been won by economists who pointed out that he was full of shit.
You seriously think we can bomb our way to prosperity? LOL Are you really this stupid? Is anybody?
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Yeah Keynes was an idiot, so is Paul Krugman. They only give out Nobel prizes to economists who don't know what they're talking about.
We should all just listen to you instead. What with all of your qualifications and expertise.
Dumbass.
Nobody is suggesting bombing our way to prosperity OR drafting 1MM troops. We're simply pointing out the proven economic tenet that the government can stimulate demand during a recession through deficit spending and this will cause the economy to grow again and recover faster than it otherwise would, and the deficit created by this activity is smaller in the aggregate than the deficits that would have been accumulated due to the lower tax revenues collected during an extended recession.
Retard.