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Instead of spending $1.5 trillion on tax cuts which  used this same $1.5 trillion to fund the infrastructure project he is now discussing with the Democrats, which per the Keynesian modal could arguably have  Nothing prevents Trump from doing both projects,  is something Keynes himself viewed negatively.  Treasury on post World War II planning, he wrote,  the purpose of the Exchequer or the Public Capital   to the idea that governments should manage their  advocated government borrowing only if the money was spent on capital assets that could generate the revenues to repay the loans. It is not necessarily a bad  including additional hiring.


   In other words when the economy is doing well  irresistible. This idea has led way to the coining of the    regards to the global economy continues to be that  administration’s memory was not short enough to   them and anti-Keynesian ideas had some purchase which in itself is humorous considering what Keynes ‘General Theory’ was born from. But even here, policy has largely  as austerity felt never ending and has appeared to reap little if anything 


Lauren Judd


19 | ADMISI - The Ghost In The Machine | May/June 2019


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