>>> sawicky at epinet.org 10/24/00 12:37PM >>>
. . . Gore's promised to cut spending in a recession, right? So, from a
purely demand stimulating vulgar Keynesian point of view, there's
something to be said for Bush's tax cut. Doug
Ssshh!
What's also interesting is that Keynes is mutating in the mouths of Gore/Lieb, and the virus is spreading. Now 'keynes' is taken to mean stimulating the economy with lower interest rates, which are brought into being by deficit and debt reduction.
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CB: Even I know Keynes' theory was behind deficit spending to stimulate. Who says Gore is the smart student in class ?