Saturday, July 30, 2011

Proof That Spending Cuts Produce Jobs

Liberal politicians insist that they cannot cut spending in order to create jobs during a recession or depression. They cite Keynesian economics for their reasoning; the theory of the early 20th century English economist John Maynard Keynes.

However, they have been –over simplifying Keynes’ short term ideas with a religious-like permanent philosophy and are overlooking some pertinent comments and critiques Keynes had made about his ideas.

Need proof? President Reagan years and Canada today show that spending cuts do work. ( See the Earl J. Weinreb NewsHole® comments.)

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