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Originally Posted by TheDoc
It's actually very simple... money flow is the only thing that keeps the economy going or growing, period! Every time the Gov didn't half ass it and actually injected the hell out of money into the Eco, it took back off again.
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Please give examples of years this happened because everytime the Government injected money into our economy on this level(only a few times), it only got worse. Keynesian economics don't work, especially when you're running a deficit of each kind. If you ran ANY type of surplus, it COULD work, so there's no point in discussing this.
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Manufacturing might help, if we had something to manufacture. To do that we have to be a leader in a technology, so really technology = more demand = more jobs. Truly, the economic ideas of the 1950's just don't work today.
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Of course they do. We are leaders in technology still. We just choose to be cheap and outsource jobs, which we didn't do as much in the 1950's. The economics of the 50's not only work, but prove that the system brought widespread prosperity to this country.
Supply Side economics(Austrian and some Classical) will always trump Demand Side Economics(keynesian) in terms of principles that work for this country.