Interference Poll: 2012 US Presidential Election

[digitize]

Originally Posted by U2DMfan

This is a choice between an economic system that has a chance to balance the budget and begin paying down the debt and an economic system that has NEVER done so.

We've had massive job creation under both Keynesian economics and Supply-Side economics. That is mostly about demand and new industry.

But what we've never had is a balanced budget under Supply-Side economics.
Slick Willie was 100% right. The math doesn't add up. And it is that simple. Period.

Keynesian and supply-side economics are not at all mutually exclusive. In many ways, Reagan was a staunch Keynesian.

[Aygo]

Originally Posted by digitize

Keynesian and supply-side economics are not at all mutually exclusive. In many ways, Reagan was a staunch Keynesian.

Reagan... a Keynesian? In which sense?
Was his dearest friend Thatcher Keynesian too? I don't think so...

[LuckyNumber7]

I think what he's trying to say is it's not all black-and-white.

[digitize]

Originally Posted by Aygo

Reagan... a Keynesian? In which sense?
Was his dearest friend Thatcher Keynesian too? I don't think so...

Fight a recession by financing tax cuts with deficit spending? That's Keynesian.