Quote Originally Posted by .blank cd View Post
The thing is, Keynes theory is the most widely accepted economic theory, and it's pretty much what's taught at college level economics. Shit, Krugman even writes a lot of the textbooks. So you're statement that deficit spending is false is your opinion, so just understand that the people actually counting the beans say otherwise, and that's how it's been done for quite sometime.
General statement is general and wrong.

Wonder why most countries who try this experience exactly what economists say will happen. Go look up Japans deficit and economy the last 25 years, you can start there.

Japan went into the economic doldrums in the1990s. They’ve been trying that fiscal stimulus thing ever since: they’ve driven that national debt up to 200% of GDP in doing so. They’ve also done it in the approved manner, by building infrastructure. There’s hardly a stream in the entire country without its own bullet train station. This should have, according to a simplistic Keynesianism, have lifted the economy up out of those doldrums. Which it quite obviously hasn’t.
FYI what they spoon feed everyone in college isnt 100% correct, especially when its mostly liberal (KE is mostly liberal viewpoint). For every economist that says KE works, theres 10 that say it doesnt. Krugman has been dead wrong on a plethora of things, I dont support his point of view.

I can name you Economists and College Professors that have my point of view , doesnt make it right, just like you name dropping doesnt make you right.

KE is a theory, for which we have data, that shows more often than not, it doesnt work