By: Robert Glisson

Robert Glisson — Tue, 05 Oct 2010 17:53:49 +0000

In reading the Keynesian vs. Austrian Economics arguments over the last two years or so; I’ve discovered that we have an apples and oranges situation. Austrian economics is the way to go for a stable economy in every area of life; however, Keynesian economics is strictly a government economic system. No one else can use it. Since it uses monopoly money and is played with between socialistic countries that live in a created world; they can ignore a balanced budget, deflating the money or inflating the money makes it easier to pay back loans. They don’t have to be responsible, when it goes bust; the government inserts a new printing plate into the press. Of course the citizens who live in an Austrian world lose their savings and retirement; but, the government just continues rolling along.

By: james huggins

james huggins — Tue, 05 Oct 2010 12:42:56 +0000

I used to think that the big government tax and spend types were just slick tongued pr-cks trying to sell us a bill of goods in order to perpetuate a system whereby they could grasp the greatest amount of power. Now, I’ve come to the conclusion that our political and economic leaders, while being the low life snakes they appear to be, actually believe that the big government tax and spend way of doing things is the way to go. The reason they always look and sound so perplexed is because they can’t figure out why it won’t work. After all, they learned at Harvard that this is the way to go. Meanwhile every cab driver in Alabama knows that the way to grow an economy is get the government and their taxes out of it.

Comments on: Global Ghouls Rising

By: Robert Glisson

By: james huggins