Re: Keynesian State of the Union

[Warren Mosler <mosler@xxxxxxxxxxxxxx>]

Just saw O'Neil on tv reminding us that
every $ the govt spends ultimately comes from
the taxpayers.

Warren


--- slarson <slarson@xxxxxxxxxxxx> wrote:
> >===== Original Message From "Henry C.K. Liu"
> <hliu@xxxxxxxxxxxxxx> =====
> >A"high-end" tax cut is essentially a supplyside
> measure, not Keynesian.
> > The entire Bush economic program is supplyside,
> and not demand
> >mangement.  It will not work. You should read the
> transcript of the
> >Democratic response by Governor Gary Lock of
> Washington.
> >
> I heard it last night. It oozed of budget balancing
> and fiscal responsibility.
> Between the Devil and the Left Blue Sea I go with
> the devil on this. (And just
> for the record, Andrew Mearman et consortes: I do
> NOT sympathize with Bush on,
> e.g., abortion, gay marriages or Christian
> organizations in drug abuse
> treatment...)
>
> /srl
>
> --
> Dr. Sven R Larson
> Department of Economics
> Skidmore College
> 815, N. Broadway
> Saratoga Springs, NY
> (518) 580 5278
>
>


=====
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