by Darren Byrd on April 27th, 2004

Darren Byrd

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Is President George W. Bush following Keyne's theories to overcome the U.S. recession?

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  • by James Beatty on April 29th, 2004

    James Beatty

    Yes, he is. Keynesian economics, at its most basic level, is the government putting money into an economy during recessions. In the Great Depression, FDR followed this by creating public works projects. Currently, Bush has cut taxes, miminizing money taken out of the economy by government, and he has raised spending, which puts money back into the economy. Both of these actions are Keynesian.

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    • Albeit perhaps unintentionally so...

      Rumpleforeskin

      by Rumpleforeskin on June 1st, 2005

    • I thought monetarism was cutting taxes - so people spend, Keynes - Govt spend more

      cambsman

      by cambsman on August 2nd, 2005

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