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Crowsbeak
Oct 9, 2012

by Azathoth
Lipstick Apathy

KiteAuraan posted:

That's because it doesn't work, nor does it save the economy. Keynes 101.

Actually Keynes did defend it, during times of prosperity, so that you could lessen the debt.

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Crowsbeak
Oct 9, 2012

by Azathoth
Lipstick Apathy

Samuel Clemens posted:

Keynes was arguing that you should raise taxes in times of prosperity, though. I don't think austerity proponents would approve of that.

It is technically a form of austerity. Its just not something that any of them would ever support being that it requires actual brains.

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