Keynes suggested infusing the economy with government funds to promote spending.
Keynes advocated for “trickle-down” economic policies.
Keynes argued for stronger stimulus packages to corporations and small businesses.
Keynes proposed to cure depressions by dampening the swings of the business cycle.
sell to nations in Eastern Europe
export to Japan and China
quadruple oil prices
keep oil prices down
social safety nets
John F. Kennedy
Lyndon B. Johnson
The proportion of older people in American society is increasing steadily.
Every American citizen obtains Medicare on reaching age 65, regardless of class.
Economic inequality renders Medicare more necessary for some than for others.
Wealthy Americans are taking advantage of the Medicare system.
Much less is allocated to welfare in the United States.
Other nations allocate less to welfare than the United States.
The United States allocates about the same to welfare.
Few nations besides the United States maintain funds for welfare.
Citizens will default on their mortgages.
Banks will learn from their mistakes and pay back the burden with interest.
Ultimately, the government will profit.
Firms will be encouraged to continue their risky behavior.