re: #680 Cognito

To the contrary. Keynes recommends a total system flush, so to speak, that we haven’t even conceived just yet.

And no, I don’t believe C, K, R, C and B faced this particular set of circumstances; although, if they had, they might have chosen a very different path than the one Obama’s administration has chosen.

Keynes, to me, fails to pass the test of common sense. Piling on new debt may heat up the financial corpus, but it will not heal it.

What also should be apparent historically is less government taxation, regulation and spending has never worked as well as the opposite.