Perhaps it was too clear. But as I said the way the government has acted is only half of Keynes prescription. He was looking at a situation where the Classical and Neo-Classical economic theories were not leading to economic recovery. His idea was to use the government to balance the economy’s ups and downs. So the deficit spending (and/or tax cuts) of the Downs was to be balanced by the Ups surpluses(and/or tax increases). Not many surpluses out there are there? And the RATS never like tax cuts at least since Kennedy and the GOP doesn’t like tax increases.
How can this bastardized nonsense be called “Keynesian”?
What we have is democracy buying off the poor. It was part of the first democracy, Athens, part of the Roman Republic and now ours.
Is this : “ - - -What we have is democracy buying off the poor. - - - “ your final answer?
If so, it is a tad wordy, does not sound Elite/Professorial/snobby, and negatively, and illegally, financially-profiles “the poor.”
Try again as this could be a brand-new Economics term!
BTW, we have a Republic, not a democracy.