Spending is Obama’s strategy, his goal
Keynesian Economics is complex and obscure, much like reading Saul Alinsky’s “Rules for Radicals”! Basically John Maynard Keynes believed the government could control the ups and downs of economies with “monetary policy” the “central bank” and “fiscal policy” controlling the markets through government and its spending and currency manipulation!
It would work like today’s anxiety or depression pills running the economy with no ups and downs, like those pills keeping people in a state of numbness, avoiding life! While there are major doubts about his theories, the failures of it over many years from the “New Deal” to Japan trying it in the early 1990’s from which their economy hasn’t recovered to this day!
Keynesian Economics is a failed and dangerous policy, even more so today with the bastardization it has undergone by highly regarded economists like Noble Prize Winner Paul Krugman! Keynesian economics is exploited to manipulate nations to Socialist Democracies, Socialist Dictatorships, Socialism, Fascism and Communism! His philosophy seems to be Obama’s model for economic policy. Roosevelt used it to extend the “Great Depression” for over ten years!
Paul Krugman suggested a good strategy to get out of this recession would be to lead the people to think we were in jeopardy from hostile space aliens. (One wonders was the threat of a pending depression really the space alien strategy! This appears the Obama pattern of creating crisis!) Then we’d have a reason to spend massively on programs preparing for war to defend ourselves. This would get the economy going. This was Hitler’s strategy getting the German economy going by building a war machine in the 1930’s! Preparing a huge war machine did spark the German economy! War the necessary result of the investment that falsely stimulated and drained the German economy.
Krugman’s alien invasion scheme fits Krugman/Obama spending policy that it is productive to pay someone to dig a hole and fill it back in again. Wasteful government spending of no concern! To them spending “period” is the solution. This is the socialist approach to productivity, burning valuable energy and resources and having nothing to show for it in the end.