tag:blogger.com,1999:blog-7673758362916429937.post1453710849537750649..comments2024-03-22T20:18:45.865+11:00Comments on Jack Lacton: Rudd government to lower Australian living standardsJack Lactonhttp://www.blogger.com/profile/07297939283546740918noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-7673758362916429937.post-66022719299681616292009-11-06T15:33:36.573+11:002009-11-06T15:33:36.573+11:00You do understand what Keynesian economics is righ...You do understand what Keynesian economics is right? You seem to have blithely stepped over the idea that the financial crisis was caused by a total lack of regulation. So, do we continue to deregulate for fear of being 'commies' and allow the whole thing to happen again alá the 1930's? If you check your history you'll find it was Keynesian Re-constructionist policy that pulled Australia back from the brink of major depression after World War 2. It's thanks to Keynesian influence on both Liberal and Conservative government in Australia after the War that we have universal health care and a sustainable social security safety net in Australia. Boy, those crazy commie Keynesians... good thing they didn't get that far in the U.S., but I think that was because the U.S. had made huge amounts of money selling supplies to the Axis and Allied powers early in the war and wanted to maintain their isolationist trade surplus.dirty communistnoreply@blogger.comtag:blogger.com,1999:blog-7673758362916429937.post-22611171472488569592009-05-21T14:49:24.152+10:002009-05-21T14:49:24.152+10:00Jack, I think you'll find it's Gerard Jackson from...Jack, I think you'll find it's Gerard Jackson from Brookes News, who wrote the article you quote, not Gerard Brookes.<br />Cheers.John Bayleynoreply@blogger.comtag:blogger.com,1999:blog-7673758362916429937.post-53865714704830153632009-05-20T12:40:25.255+10:002009-05-20T12:40:25.255+10:00The Left has no idea where money comes from. They ...The Left has no idea where money comes from. They assume that profits are always evil and have been magically stolen in a sort Tolkeinsian view of the world. They don't understand the relationship between profits and job creation. They assume that the government will always be wise and fair with the dispersal of common goods. I guess they aren't teaching the perils of communism anymore. Soon they won't be able to teach anything else.Ellen Khttps://www.blogger.com/profile/02845981491726296767noreply@blogger.com