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Obama: The Worst Keynesian Ever
Forbes, by Brian Domitrovic

Original Article

Posted By:KarenJ1, 11/21/2012 10:02:56 AM

The president is bent on raising taxes big time, if not on January 1, when all sorts of rates are scheduled to go up, then shortly thereafter as the new, more Democratic Congress convenes to do its damage. The rationale? The deficit is getting out of control. Indeed it is. Since January 2009, when Obama took office, the United States has run cumulative budget deficits of $5 trillion. Before that time, debt held by the public was $6.3 trillion. Now it’s $11.4 trillion, an increase of 80%. What did we get for it? Growth of 1.5% per year.

Comments:
So 0bama wants even more stimulus. It must be because he´s a Keynesian. s/o He wants to completely destroy the economy and remake it to fit his Marxist goals.

  

Post Reply  

Reply 1 - Posted by: Rumblehog, 11/21/2012 10:10:58 AM     (No. 9027463)

No, no, the Won practices Kenyan Economics.


Reply 2 - Posted by: Country Boy, 11/21/2012 10:12:10 AM     (No. 9027465)

FDR was a Keynesian. The east coast of the U.S is full of concrete bridges (county, state, etc) dated mid 1930´s. The mega project was Hoover Dam. Massive concrete. Even still, with poor management, it took years for the Keynesians to turn the corner.

I have yet to hear about one bag of concrete poured in Obama´s "Keynesian" plan. Because he is not a Keynesian. Just massive "crony capitalism", traditionally known as graft and corruption.


   

 

  


 
Reply 3 - Posted by: Safari Man, 11/21/2012 10:21:06 AM     (No. 9027487)

Toldja he was born in Keynesia !


Reply 4 - Posted by: BaseballFan, 11/21/2012 10:23:58 AM     (No. 9027493)

Are Solyndra, et. al. examples of his Keynesian policies?

/s off/

Hat tip to #1 and #3.


Reply 5 - Posted by: pineledger, 11/21/2012 10:29:19 AM     (No. 9027505)

Obama: The Worst [fill in any noun] Ever.


Reply 6 - Posted by: proactus, 11/21/2012 10:54:32 AM     (No. 9027563)

He practices Amnesian Economics. Forgets that this doesnt work and blames Bush.


Reply 7 - Posted by: Bobn.T, 11/21/2012 12:55:51 PM     (No. 9027851)

0bama - the boy king, a legend in his own mind and in the minds of liberals and blacks.

In truth and reality, an American disaster and an international joke.


   

 

  


 
Reply 8 - Posted by: tisHimself, 11/21/2012 4:05:33 PM     (No. 9028119)

Romney´s economic advisors were Keynesians. Government managed economies are attractive to people who think they know how to manage. It is a disease that effects both parties.



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