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To: PapaNew

“Tax cuts are hardly Keynesian. Keynes is used by the socialists to justify INCREASED SPENDING, never tax cuts.”

Actually they are. The real Keynes was not a Keynesian. He advocated tax cuts and government spending only during times of deflationary crisis, like the Great Depression. He believed in balanced budgets otherwise. He was not a socialist. Many who have claimed his name are.


27 posted on 04/28/2014 2:45:57 PM PDT by Pelham (If you do not deport it is amnesty by default.)
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To: Pelham
Understood. I tried to emphasize the Socialist application of "Keynesian" (rather than Keynes himself). Socialists use "Keynes" but really it's their misapplied "Keynesian" theory to justify big government. However, Socialists NEVER look for ANY justification to cut taxes.
30 posted on 04/28/2014 3:09:00 PM PDT by PapaNew
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