Keynes economics tested to destruction in UK and never worked (22Jun10)

Keynes economics tested to destruction in UK (22Jun10)

June 22, 2010 — Lord Skidelsky, biographer of economist John Maynard Keynes asks the question "How to do get economic growth by cutting spending". The reply to this question is, how do you expect the private sector to survive, when the public sector is gobbling up all the money?

The public sector generates NO money for the economy, so throwing money at the public sector does not and will NEVER deliver economic growth or recovery.

It is a theory that the Labour party tested to destruction over 13 years. Live with it, the economics theories of John Maynard Keynes does not work.

Recorded from Sky News, 22 June 2010.

Ron Paul: Republicans and Democrats are both Keynesian

Ron Paul: Rand Paul is a conservative constitutionalist

Rep Ron Paul (R) Texas speaking about his son Rand Paul says that he calls himself conservative constitutionalist , which is not a bad term Dr. Ron Paul says , people think that it means that you believe in liberty and I agree with Dr Ron Paul added : conservative means that you retain the values that have been around for a while indicating that what we have to do is conserve and follow the constitution that have been laid out by the founders "
Economics in this country have been Keynesian since the depression , Republicans and democrats both endorsed economics of Keynes which means that if you have trouble the government should spend more money borrow more money and print more money , that's how we get in our troubles , but both parties practically endorse those use , I mean it was not the democrats alone that brought up the bailout , the republicans started it when Bush was still in office
Ron Paul is America's leading voice for limited constitutional government, low taxes, free markets, and a return to sound monetary policies.

Ron Paul: Republicans and Democrats are both Keynesian