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Critical of Keynesian Economics

March 29, 2009
Keynesian hurt our long term prospects.

Keynesian economics will hurt our long term prospects.

I’m critical of spending away in the short run whilst compromising long term opportunities.

John Maynard Keynes’ philosophies made a bad economic situation in the 1930’s worse by prolonging economic recovery.  Keynesian economics was the philosophy of the Roosevelt Administration.  Keynes promoted huge increases in spending on social programs by federal governments. He believed that you could spend your way out of any economic downturn.

Keynesian’s believe the government is the solution to all problems and that big business is the cause of all that is evil and greedy. Keynesian’s by nature are liberal. Liberal in their views about lifestyle, capitalism, and government.

Keynesian thinking is the opposite of what logic dictates. Logically, markets tend to move to equilibrium on the basis of supply and demand. Keynesian’s believe one can force demand by spending. But in the long run, if there is no demand for a product or currency, you can only prop up that industry or currency for so long before total collapse. It’s not if, it’s when it fails.

Liberal who makes money off of liberal misery

George Soros is a Keynesian Liberal who makes money off of liberal spending failures

Here is an example of a currency crisis in England:
George Soros made a $1.1 Billion in one day in 1992 when he ‘Broke the Bank of England’ with his bet against the British pound. The pound failed because it was artificially propped up. Had it been allowed to float freely against other currencies, the damage would not have been so immediately drastic. George now claims to see a global meltdown. Nice timing George, couldn’t see that one coming. We can close the barn door now. Thanks. George is a Keynesian of the worst kind or the best kind, depending upon your point of view. He makes money off of other liberals failures.

Should Government play God with GM?

Should Government play God with GM?

The automobile industry in the United States comes to mind when thinking about failed industries being propped up with a Keynesian economic philosophy. General Motors specifically. A Keynesian would want to bail out GM indefinitely or until catastrophic failure occurs, whilst true capitalists would want the markets decide the fate of GM.

Keynesian logic not only a failed logic, but also poses the greatest threat to our long term economic stabilization. Keynesian’s tend to be propagandists, who spew fowl words about conservatism.

Jocelyn Bucaro

Jocelyn Bucaro former Clinton Staffer

Here is a recent example of liberal propaganda:  Jocelyn Bucaro*,appeared in Cox news pronouncing, “The Failure of Conservatism”.  Ms. Buckaroo has rewritten history. The entire article was a sham, pure propaganda with little fact, and lots of forgetting. Forgetting the massive economic failures during deployment of Keynesian doctrines in our country, the UK and many parts of Europe during the 30’s, 40’s, 50’s, 60’s and now in 2009.

No, Capitalism hasn’t failed, its wild Keynesian spending that has failed. It fails every time, its failing now, it will be the biggest failure / burden for our children and grandchildren.


*Jocelyn Bucaro of Liberty Twp. is a former Clinton White House staffer and a founding member of Change Butler PAC.

4 Comments leave one →
  1. March 31, 2009 4:54 am

    Great article!
    Yes, the “Progressives” smell blood of capitalism in the water, and their answer is a toxic mixture of Keynes and Marx. I suspect Marx will celebrate when the UAW is running the Auto Industry.

    May God have mercy on us and grant us some seat in the house in 2010.

  2. March 31, 2009 1:56 pm

    They act like they care more about people than capitalists, but in effect they hurt people by their wild spending and liberal lifestyles.

    Interesting thought about the UAW running the Auto Industry.

    We now live in the US of GM, where taxpayers guarantee every car we make.

  3. November 20, 2009 10:44 pm

    It’s worse than that, the REgressives actually like what is going on. What’s the easiest way to make people follow you? Make them dependent on you. There actions, I believe, are intentional. They are trying to tear the system apart to gain control. Hey if the sheep are hungry they will agree to anything.
    Of course only a liberal thinks that spending tax payers money will get us out of debt and grow the economy. This has been tried many times by small brained REgressives though the years and the actual result is stalling the fall and in the end making prosperity a possibility that keeps getting further away.
    The bad thing about socialism, eventually you will run out of other peoples money.
    Sad thing is we have already done that being $12trillion in debt and over $105 trillion in unfunded liabilities.

  4. Anarcho-capitalist permalink
    December 1, 2010 5:59 pm

    Make sure you don’t miss these videos!


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