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	<title>Comments on: I see nothing improving</title>
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	<link>http://www.kennelson.com/newblog/i-see-nothing-improving-2029</link>
	<description>Politics, Technology, and other stuff from St. George, UT</description>
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		<title>By: Ken</title>
		<link>http://www.kennelson.com/newblog/i-see-nothing-improving-2029/comment-page-1#comment-915</link>
		<dc:creator>Ken</dc:creator>
		<pubDate>Thu, 08 Jan 2009 04:12:36 +0000</pubDate>
		<guid isPermaLink="false">http://www.kennelson.com/newblog/?p=2029#comment-915</guid>
		<description>Keynes who?  The money that was magically printed went nowhere. It replenished bank reserves. It could have been done by reducing reserve requirements. 

I&#039;m up for &quot;stimulus&quot; just not Obama, Harry Reid and the UAW deciding how to spend it.  

As I&#039;ve said time and time again... letting us keep it is better for all of us, just not as for for Barry and Harry.</description>
		<content:encoded><![CDATA[<p>Keynes who?  The money that was magically printed went nowhere. It replenished bank reserves. It could have been done by reducing reserve requirements. </p>
<p>I&#8217;m up for &#8220;stimulus&#8221; just not Obama, Harry Reid and the UAW deciding how to spend it.  </p>
<p>As I&#8217;ve said time and time again&#8230; letting us keep it is better for all of us, just not as for for Barry and Harry.</p>
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		<title>By: Carl Nelson</title>
		<link>http://www.kennelson.com/newblog/i-see-nothing-improving-2029/comment-page-1#comment-914</link>
		<dc:creator>Carl Nelson</dc:creator>
		<pubDate>Thu, 08 Jan 2009 04:07:24 +0000</pubDate>
		<guid isPermaLink="false">http://www.kennelson.com/newblog/?p=2029#comment-914</guid>
		<description>&quot;nothing has changed except more money was magically printed.&quot;  Please comment on Keynes&#039;s argument that a drop on private demand can be offset by a rise in public demand to keep the economic activity flowing until private activity recovers. What do you think will be the effect of a trillion dollars of public demand suddenly poured into the economy? That is the basic theory behind the &quot;stimulus&quot;. You are, of course, free to reject Keynes&#039;s theory if you can offer a credible economic counter-argument. If so, which counter-Keynes economist(s) do you believe, and why?</description>
		<content:encoded><![CDATA[<p>&#8220;nothing has changed except more money was magically printed.&#8221;  Please comment on Keynes&#8217;s argument that a drop on private demand can be offset by a rise in public demand to keep the economic activity flowing until private activity recovers. What do you think will be the effect of a trillion dollars of public demand suddenly poured into the economy? That is the basic theory behind the &#8220;stimulus&#8221;. You are, of course, free to reject Keynes&#8217;s theory if you can offer a credible economic counter-argument. If so, which counter-Keynes economist(s) do you believe, and why?</p>
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		<title>By: Ken</title>
		<link>http://www.kennelson.com/newblog/i-see-nothing-improving-2029/comment-page-1#comment-913</link>
		<dc:creator>Ken</dc:creator>
		<pubDate>Thu, 08 Jan 2009 04:06:25 +0000</pubDate>
		<guid isPermaLink="false">http://www.kennelson.com/newblog/?p=2029#comment-913</guid>
		<description>Perhaps I should have said &quot;same type&quot; of incompetent and corrupt people. I don&#039;t see much difference between Orrin Hatch and Harry Reid. Both nice mormon lads who lost their soul in DC.</description>
		<content:encoded><![CDATA[<p>Perhaps I should have said &#8220;same type&#8221; of incompetent and corrupt people. I don&#8217;t see much difference between Orrin Hatch and Harry Reid. Both nice mormon lads who lost their soul in DC.</p>
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		<title>By: Carl Nelson</title>
		<link>http://www.kennelson.com/newblog/i-see-nothing-improving-2029/comment-page-1#comment-910</link>
		<dc:creator>Carl Nelson</dc:creator>
		<pubDate>Thu, 08 Jan 2009 03:13:41 +0000</pubDate>
		<guid isPermaLink="false">http://www.kennelson.com/newblog/?p=2029#comment-910</guid>
		<description>&quot;All the same incompetent and/or corrupt people are in charge.&quot;  But we just had an election that will change a lot of the &quot;people in charge&quot;, the results of which you seem to dislike before they even get into their office chairs. Did you somehow expect significant change with the same party back in power?  You can&#039;t be for and against change at the same time.</description>
		<content:encoded><![CDATA[<p>&#8220;All the same incompetent and/or corrupt people are in charge.&#8221;  But we just had an election that will change a lot of the &#8220;people in charge&#8221;, the results of which you seem to dislike before they even get into their office chairs. Did you somehow expect significant change with the same party back in power?  You can&#8217;t be for and against change at the same time.</p>
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