Keynesian Economics

John Maynard Keynes was a British economist that believed that only through government spending could a depression or recession be averted. Of course, FDR attempted to follow these plans when first elected before it was discovered in approx. 1939 that in reality, the only way to push the economy forward was through tax cuts and through private industry and not government creating jobs. President Reagan knew this and it worked. However, Obama still believes we must spend, spend and spend more. Even Europe has finally realized that government spending only makes the situation worst which is why we do not see the unemployment number decrease and our deficit go through the ceiling. If spending more would make one solvent, we would all be borrowing and spending to get wealthy. The only thing the Obama economic plan will do is bankrupt this country. Then again, maybe that is what he wants. After all, "never let a crisis go to waste."