“I do take it as a fact about the real world that in times of slump the government can help get us out of that slump by deficit spending.”
Ouch. You have spent too much time reading the Guardian. If you are in a slump the last thing you need is inflation and wasteful public spending.
embutler
>>If you are in a slump the last thing you need is inflation and wasteful public spending.>>
the last people to follow that advice(slow spending during a recession) turned it into the great depression..
Bob B
“Ouch. You have spent too much time reading the Guardian.”
Not the Guardian – try mainstream macroeconomics texts on fiscal stabilisation policy.
Ingram
Don’t think my comment at The Business published (page went blank when submitted and it’s not appeared in 3 hours).
Small correction FYI -> Computer = Ordinateur, not Logiciel which = Program…
Tim adds: You’re right of course. That site can still be a bit flakey I’m afraid. I don’t do the moderation, if moderation there is, so I can’t tell you whether it’s there somewhere or whether it never registered at all.
Judge
re “basting” – I guess the product of such a procedure would be a “baste-ard”?
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“I do take it as a fact about the real world that in times of slump the government can help get us out of that slump by deficit spending.”
Ouch. You have spent too much time reading the Guardian. If you are in a slump the last thing you need is inflation and wasteful public spending.
>>If you are in a slump the last thing you need is inflation and wasteful public spending.>>
the last people to follow that advice(slow spending during a recession) turned it into the great depression..
“Ouch. You have spent too much time reading the Guardian.”
Not the Guardian – try mainstream macroeconomics texts on fiscal stabilisation policy.
Don’t think my comment at The Business published (page went blank when submitted and it’s not appeared in 3 hours).
Small correction FYI -> Computer = Ordinateur, not Logiciel which = Program…
Tim adds: You’re right of course. That site can still be a bit flakey I’m afraid. I don’t do the moderation, if moderation there is, so I can’t tell you whether it’s there somewhere or whether it never registered at all.
re “basting” – I guess the product of such a procedure would be a “baste-ard”?