they didn't count on the GOP breaking stuff to prove that it's broken.You must not understand Austrian economics if all you see it as is "the ron paul way". He has a very obscure and distorted view of Austrian Economics. He is right on some issues, but others he is totally wrong.
I'm still waiting for this sustained "aggregate demand". Pretty sure his economists predicted 4.3% GDP growth for the first quarter of 2012 when they enacted ARRA. Unfortunately, we are at 1.9% and trending down. Were we not just at .4% not 2 years after it was put in place? Only to be saved by mr Bernanke. Yes, fairy tail stuff. Keep on printing, Japan is a great model to follow apparently.
It's hard to believe people still buy into Keynesian economics, it has been an obvious failure since it has been in practice. A few years of a weak GDP surplus back in the late 90's early 2000's over a span of 70 years with deficits and people still listen to this stuff. My god..