Quote:
Originally Posted by smc
It's more than theory; it has, to use Tracy Coxx's word, been proven empirically. You can't use the Obama stimulus plan as a measure precisely because not that much was actually spent. A massive public works program, like that during the Great Depression, would do exactly what Keynes "theorized," and put the United States in a better competitive position with respect to the emerging economies that are dealing with twenty-first century problems (while this country argues over Planned Parenthood).
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Today, our corporate masters don't want to invest in creating jobs here when they can get the work done in China for a fraction of the cost. Instead of pouring billions into the banks, what if we had invested in energy efficient infrastructure and companies here in the US that make solar panels, wind machines and hydrothermal. Instead, China is taking over the solar panel industry and little Denmark is making the wind machines.
Oh well, our problems will be solved when Donald Trump is President.
