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Arguably by the way, the Republicans are the real Keynesians... at least when in power.

With spending cuts when the economy is doing good, and increased spending when the economy is doing bad.

Though really practically every president after Calvin Coolidge could be considered a Keynesian at least in handling downturns. Nobody wants to be remembered like Hoover as the president who did nothing. (Though in actuality... Hoover did a lot, he was a Keynesian before Keynes was. He was all about supply side economics and did so.)


Arguably the least Keynsian presidents we've had have been the First Bush, who handled that recession with increased funding for the benefits of those in trouble, cut spending and raised taxes.

and.... Obama! Afterall, Obama is trying to propose that warren buffet/millionaires tax.

If Keynes were alive now, I'm pretty sure he'd be shouting at the top of his lungs "What they hell are you doing, we're in the middle of an economic crisis! That's going to lower aggregate demand, pay it off later."

Unless I missing something anyway.