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2
CL
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2015 Sep 8, 1:18pm
CL
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2015 Sep 8, 1:18pm
Krugman thanks it was
True. I think many do, including many here.
To start, I'd say that he lowered taxes and increased public sector spending via a large military buildup. But he also subsequently raised taxes post-crisis, which could also be considered Keynesian.
3
justme
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2015 Sep 8, 1:50pm
justme
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2015 Sep 8, 1:50pm
But he also subsequently raised taxes post-crisis, which could also be considered Keynesian.
He didn't raise taxes enough to balance the bloated military spending, that was the whole point of Reaganism.
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In what ways would you bullet that Reaganism was nothing more than Keynesian economics?
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