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A comment on How I Became a Keynesian . Parent comment

Re:How I Became a Keynesian by vomjom on Tuesday October 20, 2009 @12:32AM (#891771)
That's not completely true.

Spending increases the velocity of money ( http://en.wikipedia.org/wiki/Velocity_of_money ) which can, in the short term, increase employment.

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Re:How I Became a Keynesian by lupin_sansei on Tuesday October 20, 2009 @01:43AM (#891848)
Saving/investment also increases employment as the borrowers use it to increase their capital (buy more machinery etc), which needs extra employment.
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