How The Government Could Save The Economy By Constructing A $2 Trillion Pyramid To The Sky

[nbruno322]

This is another insight into the twisted Keynesian mindset...with ad hominem attacks on Ron Paul and Thomas Woods. Check out the comments too.


httx://www.businessinsider.com/how-the-government-could-save-the-economy-by-constructing-a-2-trillion-2011-10

[lucent]

Ah, Keynesians. Now they are wanting to build the Tower of Babel.

[RKoho]

The article has a small ability to convince people over. Sure the government can spend 2 trillion and hire everyone to build infrastructure. And sure, if it's a decent paying job it might make people spend.. or it might make them save. I think people will save. That's what people do during bad times. But that's not the point. The government has no money. Period. We'll either have to inflate the currency or borrow. Inflation, we know the consequences. Borrowing, well, that'll be just as destructive. I feel as if we're at the limit of our debt. Even with a 1 trillion cut Paul is only able to eek out a 19 billion surplus. Anymore debt will make that impossible. And then social security, and medicare/caid will most definitely have to be severely cut back. And so would the military budget. Explain that to a Keynesian. Anyone have any other ideas about this poop-worthy article?

[jasonxe]

Doesn't mention attrition.