2 votes  Top 10 Keynesian Ways to Boost the US Economy
Keynesian economists are propagandizing the media with a unified
message; in one breath lightly touching on the human tragedy in
Japan, while in the next anticipating with delight the economic
recovery it will (supposedly) create. The natural disaster in
Japan is tragic both on a human level and economically. Japan
may, possibly, enjoy a GDP boost in six months or so as a result
of some rebuilding, but the billions in present-day lost
productivity will easily negate any future upside.  The
buildings and businesses with billions in loans have (and will
continue to) experience enormous losses. Who will realize these
losses? Insurance losses – the capital that would be invested in
other productive assets - now must cover billions in claims. And
what about the economic impact resulting from the loss of
nuclear efficiency? Consider the power situation in Japan over
the coming months with 40% of electricity used in greater Tokyo
historically originating from t