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Shame on the Keynesians...

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December 07, 2009 – Comments (6)

I decided to take the Keynesian minseton a Walk of Shame today. I'm pretty sure some of my Foolish friends here in CAPS would have made an even stronger argument though. I just know I'm not a big fan of government intervention into our economy (much less pointless hole digging, ha).

Anyway I welcome discussion here on this post, or on the article, etc. (And Foolish comments are even more fun here lately because they're helping our annual Foolanthropy campaign!) But don't forget to visit TMFSinchiruna's blog post for Foolanthropy too! There's a pretty amazing drive for comments there, 1,000 and counting!

6 Comments – Post Your Own

#1) On December 07, 2009 at 1:19 PM, TMFLomax (46.98) wrote:

Hmm, strange, minseton is not a word. ;) That was supposed to be "mindset on." Ooops!

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#2) On December 07, 2009 at 2:24 PM, dudemonkey (38.16) wrote:

I like "minseton" better. :)

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#3) On December 07, 2009 at 2:29 PM, TMFLomax (46.98) wrote:

dudemonkey

Ha! :) Maybe it'll catch on. :)

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#4) On December 07, 2009 at 2:40 PM, NOTvuffett (< 20) wrote:

I tried to use 'minseton' in an email, and spellcheck suggested the word 'minestrone', lol.

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#5) On December 07, 2009 at 6:21 PM, TMFLomax (46.98) wrote:

NOTvuffett

Ha! Now that is a barrier to this "minseton" catching on, a spell checker constantly trying to correct it to "minestrone," ha. 

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#6) On December 08, 2009 at 1:36 AM, lucas1985 (< 20) wrote:

Arguing against strawmen, red herrings and misinterpretation is so easy ...
According to your article:
- Keynesians found no concerns with the amount and type of stimulus.
- Keynnesians don't care about fraud and corruption in the allocation of government money.
- Keynesians aren't concerned at all with current and future deficits and debts.
- Keynesians recommend deficit spending in every situation.
- Keynesians cheered the no-strings bailouts.

"No matter what, we're going to have to pay the bill."
Yup, you're going to have to pay the bills. Unfortunately, your spending was wasteful.

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