The Dronen Report

As much as we all want to hear my views on the Great Depression, right now I am more concerned with sharing who John Maynard Keynes (JMK).

John Maynard Kenyes is perhaps the worst economist to walk the face of the earth.  He was negative and had poor economic suggestions.

“In the long run, we are all dead.” - John M. Keynes

Looking back on the previous discussion on GDP, we are able to understand JMK’s opinion and easily suggest evidence that his views have no substance. He made the claim that a nations measure of wealth is GDP (A poor measurement of economic welfare). Things were looking grim during Franklin D. Roosevelt’s term.  Consumer spending was down, business investment was down and so few people were employeed our net exports were in poor shape too.  Keynes recommended FDR spend government money to create jobs.  To pay citizens to create roads and build things; in other words, one man to dig a hole, and another to fill it back in.  That was JMK’s solution that created The New Deal.

Upon the first discussion with JMK, FDR disagreed with Keynes’s attempt to artificially “save” the economy, but after a bit of political pressure, FDR fell for the plan and signed onto The New Deal.  Shortly after, we experienced 1937 and ’38.  These two years actually showed a great decline in American civilization than did the Great Depression itself.

Keynes proposed GOVERNMENT INTERVENTION, the very killer of the free-market.  The very end of you selection of name brand or generic at the grocery store.  Clearly, he was an EPIC FAIL.

Taxes hurt everyone, but the government uses your tax dollars to pay for temporary tasks to make themselves look good to the public. Do you not like driving on the nice roads my taxes have funded?  Or the same road that I funded again so the government could produce jobs for unnecessary tasks.

I propose the roads be a little less than perfect so we can have more money in our pockets to help small businesses to counteract the bad public policies taken by Obama.

Think about it please.  Does government intervention work, or is it strictly a mean of political gain?

Keep taxes down President Barack Obama; the money belongs to the hard working people that earned it.