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dageshi
on April 19, 2013
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The Excel Depression
Yeah which pretty much make Keynesian policy useless since it can't be implemented within a democracy.
JPKab
on April 19, 2013
[–]
It can if you have a balanced budget mechanism which allows tax cuts only if they are paid for, based on a broad-spectrum analysis of GDP growth rate. Not one study, but a Nate Silver like approach to measuring GDP.
dageshi
on April 19, 2013
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Which no politician is going to vote for because it curtails their ability to be re-elected.
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