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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