mileslunn
Junior Chimp
Posts: 5,837
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« on: October 15, 2017, 12:50:18 AM » |
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The idea in itself is sound, but generally works horribly as most governments only follow Keynesian partially not fully. Otherwise they run deficits during a recession, but continue to run them during growth. Keynesian says you spend more during recessions to stimulate the economy, but cut back during growth however governments very rarely do the latter thus why it often hasn't worked well. If they followed it fully instead of partially it would work well.
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