Re:Warren Buffett: 2nd Stimulus Needed, Expects Longer Reces...
by Locke1689 on Thursday July 09, 2009 @06:01PM
(#696711)
I have read vast swathes of the "first" stimulus bill. I invite you to read it and come to your own conclusions about exactly how much of it is actually Keynesian. I didn't find much that was unambiguously Keynesian, much that was unambiguously not, and a lot of other things that are basically slush funds that seem pretty unlikely to go to Keynesian things.
Couldn't agree more. My post was an advocate of a Keynesian stimulus -- this was certainly not one. As to politics, I have had enough. The Democrats could have made a stand, but didn't. Probably because half of them don't even believe what they're saying and are just trying to get their hand in the pot. I don't know what it will take to implement some actual liberal thought, but I have a feeling it's not coming soon.
Couldn't agree more. My post was an advocate of a Keynesian stimulus -- this was certainly not one. As to politics, I have had enough. The Democrats could have made a stand, but didn't. Probably because half of them don't even believe what they're saying and are just trying to get their hand in the pot. I don't know what it will take to implement some actual liberal thought, but I have a feeling it's not coming soon.