Quote:
Originally Posted by Vedder
I mean, borrowing to fund your operating budget is stupid. Not sure why you’re mocking those who criticize it.
|
I mostly mock it because Keynesian economics have proven to work and that includes borrowing for your operating budget. Deficit spending during a downturn isn't stupid, it is sound economic policy that was the way of the world before Neoliberalism took hold and everyone thought we could trickle-down to prosperity.. and look where that has gotten us.
__________________
@PR_NHL
The @NHLFlames are the first team to feature four players each with 50+ points within their first 45 games of a season since the Penguins in 1995-96 (Ron Francis, Mario Lemieux, Jaromir Jagr, Tomas Sandstrom).
Fuzz - "He didn't speak to the media before the election, either."
|