[General | Members | C900 | 9000 | NG900 & OG93 | 92X | 93 | 95 | NG95 | 97X | 99 | Sonett | Vintage Models | Performance | Detail | Clubs & SOC | Other Cars | Books Movies & Music | Chat | FAQs | Gifts | Photos | Classifieds | Polls | Raffle | Sponsors]

General Bulletin Board
Search:

[Main General Bulletin Board | Post Followup | FAQ ] [ Prev by Date ] [ Next by Date ] Member Login / Signup [Most Recently Edited Saabnet.com Photo Galleries]
Keynes himself said that
Posted by Reality (more from Reality) on Fri, 6 May 2011 12:00:56
In Reply to: He doesn't deal in "reality", No Snaab , Fri, 6 May 2011 11:17:12
his program of government interventionism would work better in the collectivist countries like Germany than in a western democracy, in the preface to the German version of his "General Theory" published in the late-1930's. Germany actually had been practicing Keynesianism before Keynes even wrote the book.

The free-market advocates are not idle theorists here. Many formerlly centrally planned economies have embraced free market reforms in the last 20-40 years phased out old government owned enterprises; their economic growth has far surpassed their former self under central planning. The Keynesian government interventionists however are the theorists, and their plans never really worked well anywhere it's been tried since the early 1700's John Law's fiat system.

A 55yr old union worker at GM or Chrysler should have paid off their homes as they usually start before age 25. Bailing out those zombie companies decade after decade is the reason why Detroit real estate has completely collapsed, as there isn't much of an environment for new businesses in the shadows of those big resource wasters. The situation is rather similar to the former soviet big industrial combines in the late 1980's: sure the "jobs" were secure, as in "they pretend to pay us, and we pretend to work."

The worker would have been better off if he had gotten out of the system at 45, if not 35. Even at 55, it's better to find a new and more productive job than finding himself stuck again with the zombie company finally kicking the bucket when he is 65. The whole game seems to be waiting for the day when union membership dwindle to a level where their votes no longer matters . . . meanwhile the politicians enrich themselves and their banking friends as much as possible in the name of helping the no-so-poor workers who are making multiple times as much as average workers. . . all at the expense of taxpayers, of course.







posted by 76.118.39...
Posts in this Thread:
Members can receive an alert when someone posts in this thread.
Post a Followup

Name:
E-Mail: (Confidential & Secure - Not revealed to other users!)
Send me email when someone posts in this thread: (available to Members)

Subject:

Posting rules are simple - No for sale/wanted ads or live auctions may be here - use the classifieds.
You may not cross-post your message to multiple BBs.
Personal attacks, insults, or flaming are not allowed.
Posting any of this will result in an immediate loss of posting privileges on this site.
Site Members do not see any warning (red) text.

Message:

Optional Link URL: (e.g. http://www.saabnet.com/)
To promote your own Saab site here, you must have a link back to The Saab Network.
Link Title:
Optional Image URL: (e.g. http://www.saabnet.com/img.jpg)


The content on this site may not be republished without permission. Copyright © 1988-2012 - The Saab Network - saabnet.com.
This is a moderated bulletin board - Posting is a privilege, not a right. Unsolicited commercial postings are not allowed (no Spam). Please, no For Sale or Wanted postings, SERIOUSLY. Classifieds are to be listed in The Saab Network Classifieds pages. This is a problem solving forum for over 250,000 Saab owners, so expect to see problems discussed here even though our cars are generally very reliable. This is not an anything goes type of forum. Saabnet.com has been a moderated forum since 1988. For usage guidelines, see the Saabnet.com Mission and Purpose Page. Please remember that you are not anonymous. Site Donations
Your address is: 184.72.91.94 - Using CCBot/2.0 - Logged.
Site Members do not see red text instructions, green links, and bottom of the page banners.
Click here to see all the Site Membership Benefits!