Saturday, April 4, 2009

Keynesian Economics

We hear so much today about the economy and the trouble we are in world wide, reminds me of my old college days and my study of John Maynard Keynes, and his Keynesian Economics. All I remember is raise taxes when times are good to cool off the economy and lower taxes when times are bad to heat up the economy. If Keynes was right, he is dead now so we can’t ask him, then we should not have cut taxes during the high times we were all living with our MasterCard’s and Visas and times were good. Hummmm—Keynes also believed that government deficit spending might be okay in times of recession or especially depression. Maybe we are doing the right thing running around bailing everyone but me out of financial despair.
So I have been sitting around thinking some, I am good at thinking, and I believe I can solve this countries and maybe the worlds economic woes by doing the following.

1. Every Thursday is free day at Wal-Mart.
#2. All fast food, everything is .99 cents.
#3. Congress recesses until 2012
#4. Network and Local news shows—all cancelled—replaced by Looney Tunes.
#5. Take peanuts and pistachios off the endangered foods list
#6. Instead of giving millionaire CEOs a big bonus, just let them give each other a big hug and wish each other well and then let the stockholders have the bonus money.
#7. A chicken in every can of chicken noodle and a cracker in every barrel (I have no idea what that means)
#8. Slash Green Fees on every golf course in the world by 50% (this one is personal)
#9. This one seems simple—a jobs program that works. Jobs for those that can—where, maybe in some of the failed businesses the government may eventually have to operate.
#10. Some businesses will fail, let them fail and reorganize, if they are worth their salt they can make it. Not everyone is happy all the time—and everything does not have a happy ending.
#11. To save everyone a little money, let us, as consumers, choose what TV stations we want and pay for those. Skip the rest of the fluff.
#12. Required in every school—classes in manners, common courtesy, self sufficiency, basic economics, and appropriate language and dress. WOW I am showing my age on that one.
#13. Elect me, “the old guy that got to thinkin’,” President—I’ll take care of you—after myself of course!

Well there you have it; I may have been sitting and thinking too much.

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