Posted on 04/07/2019 8:24:19 PM PDT by 2ndDivisionVet
In his magnum opus work, “The General Theory of Employment, Interest, and Money,” published in 1936, John Maynard Keynes made famous the reference to “animal spirits” – those things that relate to the instincts and emotions that can drive human behavior. Keynes wrote of them in the context of economics. The passage which has become the stuff of economic legend reads:
“Most, probably, of our decisions to do something positive, the full consequences of which will be drawn out over many days to come, can only be taken as the result of animal spirits – a spontaneous urge to action rather than inaction, and not as the outcome of a weighted average of quantitative benefits multiplied by quantitative probabilities.”
Well, in President Donald Trump’s economy, I am pleased to report that Keynes’ animal spirits are moving rapidly throughout the economy and no séance is required to draw them out.
Of all places, a CNN Poll released earlier this week revealed that 71 percent of those surveyed feel the economy is in good shape – the highest level since 2001. Another bit of good news is that seven out of 10 people now say they trust the free market more than the government.
(Excerpt) Read more at foxnews.com ...
phew! A vote for Capitalism too!
Agreed. The election is 19 months away. They have and their allies like Soros have plenty of time for mischief. Watch for some manufactured economic “crisis” in Sept/Oct 2020.
The candidate who will be a tough challenger will be the one to say how well Trump has done and that he’s on the right Track with trade but that they are the one who can best build on Trump’s successes without having to deal with sniping opposition and an unfair media.
Doesn’t matter! The world is ending in less than 12 years so says that international economist, AOC. Party while u can.
I would think “how do i know this guy’s gonna be as good as Trump on the economy?”
i wouldn’t take the chance.
who’s gonna come along with the business experience he has
No Democrat can say that.
L8r
Good ones
Anyone thinking of voting democrat on 2020 may want to remember what it was like under Obama&Co. for 8 years.
Jobs gone
Homes lost
Living in cars
Massive debt programs
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