CUT, CUT, CUT...!
AND EXPECT THE CONSUMER TO START SPENDING...?
WELL...THIS IS ONE I HAVE TO SEE...TO BELIEVE!
IT IS TRUE THAT WE ARE IN A HUGE STRUCTURAL DEPRESSION...
AND KEYNESIAN ECON 101 WAS NOT WRITTEN UP FOR MASSIVE STRUCTURAL PROBLEMS...
KEYNES HAD MORE CYCLICAL NOTIONS IN MIND...WHICH MAY BE WHY KEYNES DID NOT "SOLVE" THE GREAT DEPRESSION...
THE "CREATIVE DESTRUCTION" OF WWII DID THAT...!
THE WORLD WAR WAS ALL VERY "AUSTRIAN ECONOMICS"...AFTER ALL... AUSTRIA AND GERMANY WERE IN RUINS IN 1945...
BUT CAN WE REPRODUCE THAT NOW...IS THERE AN EASY AND HUMANE WAY TO GET THE "CREATIVE DESTRUCTION" OF A WORLD WAR?
ALSO REMEMBER WAR IS THE ULTIMATE TARIFF...WHICH HELPS WITH THE ~~ "GLOBALISM THING"...!
AND ITS NOT BAD ON THE DESTRUCTION OF OVER CAPACITY & OVER PRODUCTION SIDES OF THE PROBLEM...EITHER...!
