Goat, a conservative economist Bruce Bartlett agrees with you,.The Clinton surpluses constitute proof of the success of Keynesian economics. It was the right time for higher revenues and lower spending because it was precisely the time when the economy didn't need any stimulus from the government.
Yes, a conservative economist agrees with you Goat. Claims Keynes was actually a conservative and completely misunderstood by supply siders. Also a big fan of VAT taxation.
Keynes and Keynesianism
Rather than being for or against Keynesianism, policy makers should pragmatically try to respond to the most pressing economic issues, an economist writes.
economix.blogs.nytimes.com
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