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The economic brilliance of the New York times.

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Brad posted on Sun, Dec 21 2008 3:05 PM

http://www.nytimes.com/2008/12/21/weekinreview/21uchitelle.html

Read the article, and let me know what you think.

By any means voluntary...

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Answered (Verified) eliotn replied on Sun, Dec 21 2008 3:27 PM
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" Public spending, American style, has worked best in good times, when people have jobs and executives are eager to invest. A new public highway is soon lined — in good times — with stores and malls filled with consumers. A dollar spent by government generates three or four from the private sector."

Oh, so if robinson cruesoe spends (eats) 3 berries, he will generate 9-12 more?  MAN, Robinson Cruesoe does not eat enough berries, he needs to gorge himself on berries.

Kenyesian arguments amount to nothing when human action is considered realistically.

Schools are labour camps.

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Answered (Verified) eliotn replied on Sun, Dec 21 2008 3:27 PM
Verified by Brad

" Public spending, American style, has worked best in good times, when people have jobs and executives are eager to invest. A new public highway is soon lined — in good times — with stores and malls filled with consumers. A dollar spent by government generates three or four from the private sector."

Oh, so if robinson cruesoe spends (eats) 3 berries, he will generate 9-12 more?  MAN, Robinson Cruesoe does not eat enough berries, he needs to gorge himself on berries.

Kenyesian arguments amount to nothing when human action is considered realistically.

Schools are labour camps.

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Brad replied on Sun, Dec 21 2008 4:14 PM

I love the blatantly obvious economic fallacies...

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