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Month: April 2018

Economic Common Sense – Government Debt & Taxes

Economic Common Sense – Government Debt & Taxes

Perhaps you’ve heard the term “Keynesian Economics” but aren’t sure what it means. Well, the basic idea of Keynesian Economics was around way before Maynard Keynes and can be illustrated by a couple of well known stories, one of them from the Bible. Simply put, the most basic idea is that one should save during fat times so one can spend during lean times. This is so common sense that it almost seems silly to restate it, but unfortunately US…

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