How Economics Became a Cult -- New Economic Thinking with Steve Keen - Page 3 - Politics Forum.org | PoFo

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#15278007
Steve_American wrote:I said that the problem for Japan is that it didn't deficit spend enough, and you didn't address that claim. Please do that now.

Those runways may be useful in a war with China involving Tiawan, US, Japan and others.


But not if that war never happens, and also those roads can actually end up favoring an invader...

Japan probably did deficit spending as much as it possibly could.
#15278046
wat0n wrote:But not if that war never happens, and also those roads can actually end up favoring an invader...

Japan probably did deficit spending as much as it possibly could.


No it didn't.

How can you say such aa thing?

In the 40s the US discovered it could deficit spend at least 5 times more per year than it did in the 30s. But, there was a war on.
It could also send millions of its working men to fight, and it still increased production a lot.

When it puts its mind to it, it is amazing what a modern nation can do.
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