Keynesian Economics

**lifegoesonbrah** · 03-20-2012, 06:15 PM

Keynesian Thought

GDP = success
GDP= consumption + investment + Government spending
------------------------------------------------------------

Failed realization that government spending takes away from consumption and investment. Priceless.

Philosophical fail.

**NLXSK1** · 03-20-2012, 06:28 PM

Kenesian Economics was based on an economy not already in debt and for short term stimulus.

It doesnt work in all situations. It probably doesnt work in most situations.

**UncleBuck** · 03-20-2012, 06:54 PM

Originally Posted by NLXSK1

Kenesian Economics was based on an economy not already in debt and for short term stimulus.

It doesnt work in all situations. It probably doesnt work in most situations.

what is this reasonable, tempered nature to your comments?

be meaner and more partisan now, sir.

**lifegoesonbrah** · 03-20-2012, 06:58 PM

Originally Posted by NLXSK1

Kenesian Economics was based on an economy not already in debt and for short term stimulus.

It doesnt work in all situations. It probably doesnt work in most situations.

Unfortunately they teach this shit as being standard economic principle.

**lifegoesonbrah** · 03-20-2012, 07:07 PM

Originally Posted by UncleBuck

what is this reasonable, tempered nature to your comments?

be meaner and more partisan now, sir.

How much do you like that the hackers reset my sig on a scale of 1-10?

**NLXSK1** · 03-20-2012, 07:09 PM

Originally Posted by lifegoesonbrah

Unfortunately they teach this shit as being standard economic principle.

Well, the politicians set the curriculum. Why are you surprised?

How many people really understand the debt?

**lifegoesonbrah** · 03-20-2012, 07:10 PM

Originally Posted by NLXSK1

Well, the politicians set the curriculum. Why are you surprised?

How many people really understand the debt?

Not very many. 17?

**Wordz** · 03-20-2012, 07:11 PM

of course obamas gonna use kenyan economics.

**lifegoesonbrah** · 03-20-2012, 07:15 PM

Originally Posted by Wordz

of course obamas gonna use kenyan economics.

Thats racist.

**ThatGuy113** · 03-20-2012, 07:15 PM

Looks like I got someone riled up enough to post. It may be outdated and inefficient but it is how the world works today. You have to work within the system to create change. Not understanding the current system hinders the ability to even fathom realistic actions for change. Sadly a lot of people neglect to learn basic economic theory but somehow want to fix the economy with knee jerk reactions that sound good in the ears of a party's base.

Increasing fed debt during hard economic times to stimulate the economy and Reducing the fed debt during times of prosperity.
That is the basic theory. Not just increasing spending 24/7. The fact is that true Keynesian theory is not fully implemented is leading to issues.

Keynesian Economics

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