Read the article, and let me know what you think.
" Public spending, American style, has worked best in good times, when people have jobs and executives are eager to invest. A new public highway is soon lined — in good times — with stores and malls filled with consumers. A dollar spent by government generates three or four from the private sector."
Oh, so if robinson cruesoe spends (eats) 3 berries, he will generate 9-12 more? MAN, Robinson Cruesoe does not eat enough berries, he needs to gorge himself on berries.
Kenyesian arguments amount to nothing when human action is considered realistically.
I love the blatantly obvious economic fallacies…