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>> No.1541238 [View]
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1541238

>>1541227
How would government spending be altered under his plan to create jobs? Currently, the most common solution and the most common one brought up by Keynesians in general is spending money on infrastructure or spending money on defense, but given his clear left wing bias it's unlikely to be the latter.

I'm saying that we had fiscal stimulus after 2008- if it didn't work under those conditions, why would it work all of a sudden differently? I'm asking him to differentiate between the failed fiscal stimuli after 2008 and his own fiscal stimulus plan.

I'm not opposed to government spending or even Keynesianism. I have a lot of respect for Greg Mankiw, who is basically a New Keynesian. I just want an explanation for why his plan would differ from that after 2008.

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