Originally Posted by Brainiac
I've said in the past on this site that Keynes is undoubtedly spinning in his grave in horror at how his economic philosophy has been twisted and distorted by the current gang in Washington. Keynes proposed intentionally running surpluses in good times and deficits during economic downturns. He didn't propose running trillion dollar deficits every freaking year and having the government provide everything from the cradle to the grave.
Referring to Obamanomics as Keynesian is akin to saying that Scott Pioli is running the Chiefs just like the New England Patriots.
Well, this here shows just how stoopid Keynes was. He failed by putting his faith in politicians. That's why his theory looks good on paper but fails in the real world. Human nature and human action by politicians is where it falls down.
Yes, Obamanomics is Keynesianism but in the extreme.
"One White House official with knowledge of the conversations told me that the Russian ambassador raised the sanctions to Flynn and that Flynn responded that the Trump team would be taking office in a few weeks and would review Russia policy and sanctions. Thatís neither illegal nor improper." ~ Bloomberg
When do we get to see the transcript? Flynn, being in espionage, had to know his call was being recorded too.