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Obama isn't remotely a Keynesian. All his economic advisors are not, nor has he been doing what Keynesian economics would dictate. He taught at the University of Chicago and wanted to balance the budget during a recession, for fuck's sake.
Not really, Obama approved a stimulus package worth over $700bn in 2009, this type of gov't led demand management is deeply Keynsian. At no point since entering the Oval Office has he made a commitment to a balanced budget, you're simply telling lies. If not back your claims up with a bit of evidence.
Greenspan was concerned that the FED might not be able to manipulate interest rates through the purchase and sale of government bonds if there were no US Treasuries to buy and sell. What you think about Greenspan as an individual is irrelevent, this is a legitimate concern from an economics point of view.Don't throw around terms that you don't really understand. And quoting Greenspan on basically anything in the last 20 years is a good start at indicating you don't know a lot about economics.
It's ok if you don't understand the argument though and prefer to levy personal attacks at Bernanke's predecessor.
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