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	<title>Comments on: The Bailout Economy</title>
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		<title>By: ckstevenson</title>
		<link>http://www.creativeclass.com/_v3/creative_class/2008/12/23/the-bailout-economy-2/comment-page-1/#comment-8442</link>
		<dc:creator>ckstevenson</dc:creator>
		<pubDate>Tue, 23 Dec 2008 16:09:44 +0000</pubDate>
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		<description>Let&#039;s at least provide a little context for your post.

It has been decided by the powers that be that a Keynesian policy is the way to go, that we can&#039;t really go with Friedman because it would result in massive unemployment and the market forces got us into this mess and won&#039;t get us out. Keynes says we need to spend our way out of deep recessions where normal forces can&#039;t be corrective.

It has then further been decided that instead of more stimulus checks, that government spending should go into projects that will stimulate the economy AND create public goods. US infrastructure is resoundingly considered to be out of date and in need of repair. 

The electricity grid would be a great place to invest, as it is thoroughly out of date.</description>
		<content:encoded><![CDATA[<p>Let&#8217;s at least provide a little context for your post.</p>
<p>It has been decided by the powers that be that a Keynesian policy is the way to go, that we can&#8217;t really go with Friedman because it would result in massive unemployment and the market forces got us into this mess and won&#8217;t get us out. Keynes says we need to spend our way out of deep recessions where normal forces can&#8217;t be corrective.</p>
<p>It has then further been decided that instead of more stimulus checks, that government spending should go into projects that will stimulate the economy AND create public goods. US infrastructure is resoundingly considered to be out of date and in need of repair. </p>
<p>The electricity grid would be a great place to invest, as it is thoroughly out of date.</p>
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