Keynes and Hayek, Round Two < VERY entertaining video.
President Obama's 2013 budget proposal is textbook Keynes. Stimulus. Bailouts. Printing money.
Problem is, all the Republicans agree with him. Except Ron Paul.
Macro-economics is at the heart of everything you're experiencing right now.
Real inflation is over 10% a year (Feds leave out gas and food prices–convenient). Engineered by the Fed to feed the crony Wall Street/DC system.
And one of four people is out of work, if we count the same way we did in the Depression.
Hayek always wins the debate. Keynes always wins the elections.
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February 16, 2012 at 6:42 am
Brooks
Well said David… and sadly quite true.
February 16, 2012 at 6:47 am
Terry Branham
You summed it up very well David. The real problem is the liberal media won’t tell the truth of the real ‘unemployment rate’ when you would count the number of people unemployed over 2 years who are no longer eligible for unemployment. God is still on the throne, but he is looking for his people to rise up and spread his word as well as his words that we should all strive to be independent of caesar and not be looking for a handout or allowing government jobs to be a cart we can’t push any longer. In the State of Minnesota the #1 employer is the government and our taxes show it. Unemployment payments are good though the intention was businesses not be regulated and taxed to the degree that they are hesitant to hire which is our situation today from the Obama administration of 32 czars who wrote hundreds of new taxes and regulations on businesses over the last 3 years to stifile employment.
February 19, 2012 at 10:22 am
Pete Seidel
Alexis de Tocqville, a French visitor to the US in the 1830’s commented, “The democracy will last until politicians learn that the people can be bribed with their own money.” The politicians learned that years ago. They are very close to the point at which they will run out of other people’s money to keep the recipient class happy. Once that happens, we will become modern day Greece.
I agree that only a fundamental grass roots resurgance of Chrisianity in which people come back to Christ and learn to be responsible for their own lives will turn the tide. It is up to the existing Christian believers to get the ball rolling and start to turn back the tide.