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Forums - General - Is Obama A Keynesian?

dallas said:

Obama is very much a keynesian, judging from the huge stimulus package.     remember, GDP =  trade balance govt spending etc etc etc

Everyone who becomes president becomes a Keynsian.

Look at Nixon.... and Bush

Reason being, it's a lot harder to keep your job doing nothing... then it is doing something that's a mistake.



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oh wow, stupidity at its finest 




Kenyan or Keynesian? Obama was born in Hawaii, America. Obama is an American. He was not born in Kenya. Obama's father was born in Kenya. 

Keynesian could be a new term for Socialist/Communist. Americans generally hate Communists/Socialists and is considered  the ultimate evil.  Keynesian sounds like an insult. The crowd are confused and they have never heard of the term. What is a Keynesian? 

The average person  would have no idea what Keynesian means.  It sounds very similar to Kenyan. Keynesian could refer to a person from Keynesia, an African nation? 

Checks up google to find out. Keynesian is something to do with economics and it goes into long details explaining all the theories behind it. ZZZZZZZZZ. Not interested, boring.

So Obama is a Keynesian economist and a politician. So what? He is also a good President and he is doing the best he can for America. If you do not like him, do not vote for him. Just please do not hate on him. 





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I had no idea what that word meant either



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PS3beats360 said:

Kenyan or Keynesian? Obama was born in Hawaii, America. Obama is an American. He was not born in Kenya. Obama's father was born in Kenya. 

Keynesian could be a new term for Socialist/Communist. Americans generally hate Communists/Socialists and is considered  the ultimate evil.  Keynesian sounds like an insult. The crowd are confused and they have never heard of the term. What is a Keynesian? 

The average person  would have no idea what Keynesian means.  It sounds very similar to Kenyan. Keynesian could refer to a person from Keynesia, an African nation? 

Checks up google to find out. Keynesian is something to do with economics and it goes into long details explaining all the theories behind it. ZZZZZZZZZ. Not interested, boring.

So Obama is a Keynesian economist and a politician. So what? He is also a good President and he is doing the best he can for America. If you do not like him, do not vote for him. Just please do not hate on him. 

Whether or not Obama is a good president or not, time will tell.  As far as not hating him, did you feel that way about the last administration?  If you hated it, then understand that it is human nature to like or dislike different people in office.  In regards to Obama, I would rather my status in life not be dependent on the trying of the president.  We need results, because people are hurting, not somoene "doing the best they can".  There needs to be results.  No one is graded on a curve here or sincerity.

Anyhow, since you have "PS3 is God" in your signature, I do consider what you say here to be suspect.  This is particularly true when you put ZZZZ's by Keynsian economics.  If you can't be awake enough to know what Keynesian economics about, exactly what DO you base your opinion of Obama on, the fact he doesn't mangle the English language in public speaking like the last president did?

It is important that individuals who support a person, and are politically involved, have a clue about the issues.



Obama's two year extension of the Bush tax cuts and more stimulus to the economy is classic Keynesian. More debt to the economy to the tune of $750b over two years with the continuation of the tax cuts. European nations  are implementing austerity measures to reduce debt/deficit by increasing taxes and cutting public sector spending.

The good old USA is doing the exact opposite to Europe and injects more debt with extension of Bush tax cuts to drive consumer spending. The exact opposite to the European austerity slash public spending and increased taxes.

Obama's decision to extend tax cuts and Ben Bernanke's decision to implement more Quantitative Easing are either going to work or fail miserably. Let's hope for the US/World economy sake that Obama and Bernanke's policy decisions are going to kick start the American economy towards a full economic recovery.

Bush was a big deficit spending and tax cutting Keynesian. Obama is just like Bush  another Keynesian.