Showing posts with label Keynes. Show all posts
Showing posts with label Keynes. Show all posts

Thursday, July 14, 2011

Strategic Arson: Republicans Are Demonic Keynesians

Kenneth M. O’Brien



This famous observation, perhaps the most oxymoronic of all time, is the strategy that the Republican cult and its demonic stepchild, the Tea Party, have chosen to adopt.

Never forget that Mitch McConnell, Senate Minority Leader, stated quite clearly that his Party’s number one priority was to guarantee that Barack Obama was a one-term President.

As a result we have witnessed a conscious program that has sought to stymie every effort designed to improve the economy.

Thursday, June 9, 2011

An Economic Recovery Plan For America

Kenneth M. O’Brien

More than fifteen million Americans are suffering the dire consequences of unemployment.

In the midst of this crisis, we are held hostage to a battle of political ideologies.

The political right repeatedly tells us that we must reduce our budget deficit. Their mantra is that we don’t have a revenue problem, we have a spending problem.

The political left repeatedly tells us that the Republicans caused this problem by profligate tax cuts and spending during the Bush Administration.

To some extent both sides are right and both sides are wrong.