Quote:
Originally Posted by Tyrone Slothrop
I'm not sure where you found this caricature of a Keynesian economist. I'm not familiar with anyone saying anything like that.
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You should follow Adder on Twitter.
And, as others have noted, Adder you need to get beyond your pedantic lawyer obsession with terminology. The rest of you too.
Whatever you call it, we are halfway down a jump out of an airplane. the Fed just said there is no parachute - your bleating about further deficit spending notwithstanding. It's time to bend our knees, hit and roll, and wait for the swelling to go down.
Ty said it referring to me sayin it - "You said it before. It's deleveraging. Once we work through it the economy will start to grow again, but there are still a lot of people with mortgages they can't pay, etc."
Yup. So what's your non-caricaturistic Keynesian point?
