Comments on: Why There Will be No Recession in the U.S. http://themoderatevoice.com/17229/why-there-will-be-no-recession-in-the-us/ An Internet hub with domestic and international news, analysis, original reporting, and popular features from the left, center, indies, centrists, moderates, and right Wed, 15 Feb 2012 10:08:52 +0000 hourly 1 http://wordpress.org/?v=3.1.2 By: superdestroyer http://themoderatevoice.com/17229/why-there-will-be-no-recession-in-the-us/comment-page-1/#comment-134213 superdestroyer Tue, 22 Jan 2008 01:47:19 +0000 http://themoderatevoice.com/places/americas-n-s/america/usa/17229/why-there-will-be-no-recession-in-the-us/#comment-134213 Any effect that a Democratic candidate could have is almost six quarters away from today. <br><br>Of course, the real problem with Keynesian economics is that the higher taxes and program cuts that are required to be made in the good times are never done. That is one of the reasons that the national debt is so high. <br><br>Of course, the real economic policy of the Clinton Administration was not making any huge policy changes but to go six years without revising the tax codes or starting new government programs. Any effect that a Democratic candidate could have is almost six quarters away from today.

Of course, the real problem with Keynesian economics is that the higher taxes and program cuts that are required to be made in the good times are never done. That is one of the reasons that the national debt is so high.

Of course, the real economic policy of the Clinton Administration was not making any huge policy changes but to go six years without revising the tax codes or starting new government programs.

]]> By: DLS http://themoderatevoice.com/17229/why-there-will-be-no-recession-in-the-us/comment-page-1/#comment-134212 DLS Tue, 22 Jan 2008 01:29:37 +0000 http://themoderatevoice.com/places/americas-n-s/america/usa/17229/why-there-will-be-no-recession-in-the-us/#comment-134212 The real issue here is the similarity between this President Bush's situation and that of his father. As to Keynesianism or something different, so-called supply-side economic policies (they are not the same, obviously), saner minds reject the idea of a stimulus gimmick. (We also don't like the moral hazard inherent in such things as the homeowner bailout, nor with unconstitutional confiscation, which is what would be happening if interest rates were frozen without compensation to the lenders. And why should taxpayers be involved with these things at all?) The real issue here is the similarity between this President Bush's situation and that of his father. As to Keynesianism or something different, so-called supply-side economic policies (they are not the same, obviously), saner minds reject the idea of a stimulus gimmick. (We also don't like the moral hazard inherent in such things as the homeowner bailout, nor with unconstitutional confiscation, which is what would be happening if interest rates were frozen without compensation to the lenders. And why should taxpayers be involved with these things at all?)

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