Post Match Thread: Election 2017

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"Government spending, even in a time of crisis, is not an automatic boom for an economy's growth. A body of empirical evidence shows that, in practice, government outlays designed to stimulate the economy may fall short of that goal."

Institute of fiscal studies
 
"Government spending, even in a time of crisis, is not an automatic boom for an economy's growth. A body of empirical evidence shows that, in practice, government outlays designed to stimulate the economy may fall short of that goal."

Institute of fiscal studies

Yep, but the USA have been using Governemnt spending to boost there economy in times of recession for a very long time and it seems to work well for them.

Spend your way out and you may fall short vs Austerity which is proven to be based on an excel spread sheet error.
 
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I think the worst thing about that is that neither Tory or Labour have been viewed favourably in the past year. As has been said many times on this thread, there has to be an electable centrist option.
 
Yep, but the USA have been using Governemnt spending to boost there economy in times of recession for a very long time and it seems to work well for them.

Spend your way out and you may fall short vs Austerity which is proven to be based on an excel spread sheet error.


the first rule of Keynesian economics is that you dont talk about Keynesian economics.

if you do those that follow the Adam Smith model get all snarky. They are wrong, but they get all snarky.
 
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