Thursday, November 4, 2010 9:40:47 PM
As for Obama being Keynesian I believe he is with this talk about investing in infrastructure much of the time. Keynesian economics gave us the interstate highways and Hoover damn, but it also gave us the military industrial complex. Hitlers use of Keynesian economic principals built Nazi Germany's war machine. Keynesian economics can easily create a militaristic society because often times military give the higher returns on public investment. Once the weapons are built they have to be used to keep the investment going. It is almost like a drug addiction but for governments, and results in many dead people.
Thursday, November 4, 2010 11:21:12 AM
In other words, liberals!
Now where did you get that idea? Because he's 5BrainCells.
No matter WHAT side they fall on, no matter WHAT their political views, no matter WHAT they say or do, if they don`t agree with him, or aren`t as intelligent as he thinks he is, then they must be a liberal.
Thursday, November 4, 2010 10:50:00 AM
All this video really proves is that they found some people who didn't know what they were being asked. I bet they targeted uninformed-looking people. And they probably found people that DID know who John Keynes is, but their responses would have made the video less funny
Thursday, November 4, 2010 9:09:04 AM
Honestly, how many people know enough about economics to recognize that word? 1% of the general population? 2%? I see this as exploiting a reasonable ignorance, not a willful or harmful ignorance.
They may not know what Keynesian means (I didn't until I Googled it earlier) but they should still recognise that it isn`t the same word as Kenyan.