"Look, any time you try to stimulate government, you are not going to get the kind of private sector jobs you would get if you instead stimulated the economy." - Mitt Romney

It's as simple as this: Democrats read Keynsian economics and Keynsian economics has always been wrong.

John Maynard Keynes argued that the solution to economic downturn was to stimulate the economy through some combination of holding interest rates low and government investment in infrastructure.

If you are a "progressive" who worships government religiously, there is no need to look any deeper. The government acts ... and supposedly the economy responds.

The problem is, Keynes did not consider all factors. Holding interest rates low and increasing government spending actually depresses an economy, as Americans found out the hard way under Franklin Roosevelt.

If you try holding interest rates artificially low, lower than the level which would be created by free men and women making free choices, then lenders have little incentive to lend. Lenders hold onto their money, waiting, in the hopes interest rates will rise. During this "holding and waiting" period, many businesses which would like to expand cannot get loans, so economic expansion proceeds at a snail's pace, if at all.

If you try to boost up government spending for "infrastructure" (which pretty much turns into government spending for anything), you either have to raise taxes enormously (higher taxes drains the economy) or you have to exponentially increase government debt, which inevitably lowers the value of currency (which holds the economy in a paralysis of uncertainty).

Keynes was not an honest objective thinker. He was in love with the "progressive" experiments which Benito Mussolini and Franklin Roosevelt were playing with economically. His theories were created to try to justify their approach.

Mitt Romney, who is a genius in business and economics in the real world, would make a far better President than any Democrat ... if you want to see the economy soar.


Read Ayn Rand's "Atlas Shrugged"





"God's laws will keep your minds at peace, because peace IS His Will, and His laws are established to uphold it. His are the laws of freedom, but yours are the laws of bondage. Since freedom and bondage are irreconcilable, their laws CANNOT BE UNDERSTOOD TOGETHER. The laws of God work only for your good, and there ARE no other laws beside His. Everything else is merely lawLESS, and therefore chaotic." -Jesus Christ in A Course in Miracles


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