Changes

"An unfettered [[market economy]] results in [[depression (economics)]]s, [so Keynes] recommended that the government engage in massive [[deficit spending]]."<ref name=milton />

"An unfettered [[market economy]] results in [[depression (economics)]]s, [so Keynes] recommended that the government engage in massive [[deficit spending]]."<ref name=milton />

It is ironic that [[liberal]]s such as [[Barack Obama]] advocate Keynesian economic concepts since they are violating one [[John Maynard Keynes]]' key principles. Keynes advocated having governments run [[budget surplus|budget surpluses]] during good economic times.<ref>EK Brown-Collie and Bruce E. Collier, What Keynes really said about deficit spending, Journal of Post Keynesian Economics, Vol. 17, No. 3, Spring, 1995</ref> In addition, Keynes advocated that governments should increase government spending during difficult times and even engage in [[deficit spending]].  Keynes was against large structural deficits.<ref>http://money.cnn.com/2010/02/04/news/economy/meltzer_keynes.fortune/</ref>  Liberals such as Barack Obama [[American Recovery and Reinvestment Act of 2009|advocate massive U.S. government spending]] during a period when the federal government already has a [[Obama administration fiscal policy|massive amount of existing debt.]] Furthermore, Obama's colossal government spending was inefficient and [[American Recovery and Reinvestment Act of 2009|did not pull the American economy out of its economic problems]], but merely [[Obama administration fiscal policy|buried the U.S. economy under more debt.]]  

It is ironic that [[liberal]]s such as [[Barack Obama]] advocate Keynesian economic concepts since they are violating one [[John Maynard Keynes]]' key principles. Keynes advocated having governments run [[budget surplus|budget surpluses]] during good economic times.<ref>EK Brown-Collie and Bruce E. Collier, What Keynes really said about deficit spending, Journal of Post Keynesian Economics, Vol. 17, No. 3, Spring, 1995</ref> In addition, Keynes advocated that governments should increase government spending during difficult times and even engage in [[deficit spending]].  Keynes was against large structural deficits because he believed they are a drag on the economy.<ref>http://money.cnn.com/2010/02/04/news/economy/meltzer_keynes.fortune/</ref>  Liberals such as Barack Obama [[American Recovery and Reinvestment Act of 2009|advocate massive U.S. government spending]] during a period when the federal government already has a [[Obama administration fiscal policy|massive amount of existing debt.]] Furthermore, Obama's colossal government spending was inefficient and [[American Recovery and Reinvestment Act of 2009|did not pull the American economy out of its economic problems]], but merely [[Obama administration fiscal policy|buried the U.S. economy under more debt.]]  

== Keynes the incompetent fraud ==

== Keynes the incompetent fraud ==

[[File:President Barack Obama.jpg|thumbnail|right|190px|[[Barack Obama]] advocates the use of Keynesian economics despite the fact that the [[John Maynard Keynes and pederasty|pedophile]] [[John Maynard Keynes]] was incompetent and a fraud.<ref>

[[File:President Barack Obama.jpg|thumbnail|right|190px|[[Barack Obama]] advocates the use of Keynesian economics despite the fact that the [[John Maynard Keynes and pederasty|pedophile]] [[John Maynard Keynes]] was incompetent and a fraud.<ref>