> elected as a Republican
> to implement Keynesianism on a massive scale
Why are you so retarded, burgers?
> elected as a Republican
> to implement Keynesianism on a massive scale
Why are you so retarded, burgers?
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Neither candidate was perfect.
Would you prefer if they elected a literal criminal?
Not the first time.
Are you dumb? Bannon proposed exactly what people like Paul Krugmen and other NeoKeynesian academics have been clamoring for for 8 years: Massive infrastructure investments while interests rates are low.
This is what Bannon proposed. Who knows what Trump actually thinks. By the way, Keynesianism isn't necessarily Leftist and there was a time, pre-Goldwater, when basically every Republican believed in Keynesian policies. Coincidentally, President Elect Trump is very similar to pre-Goldwater conservatives.
>implying keynes was wrong
Dig the ground you pathetic Keynesians. You will be very rich by digging the ground.
The problem is that Keynesian policies are sure to be misused and abused in the long run, spoiling there entire purpose. You can't only spend money during downturns because of how politics works in our country. It isn't that Keynesianism is necessarily statism, it is that "temporary" boosts quickly turn into permanent outlays and government grows and grows. It isn't an economic flaw. It is a political one, and a fatal one.
But goldwater was also somewhat keynsian. He opposed big goverment but so did keynes. Keynes thought that goverment spending shouldn't grow with the economy but instead only increase(as a percentage of gdp) in times of crisis to pick up the slack of the private sector in downtimes and for future prosperity.
>We can spend 5 trillion on bombing sandniggers but we can't fix our fucking roads and bridges.