keynes wanted to spend for DOMESTIC growth

keynes wanted to spend for DOMESTIC growth

Keynes wanted to spend to create DOMESTIC growth, not to transfer jobs overseas and certainly not to transfer wealth to the upper 1% who now have 60% and certainly don't invest very much of it in the US.

The upper 1% are sick inside and the result is traitorous behavior, taking US taxpayer money and using it to invest in countries whose leaders allow very little importing of US goods.

It worked for a while because Japanese and Chinese goods and services were so much cheaper, but how many who have lost their jobs would now be content to still have their jobs and pay more for goods and services due to the US imposing the kind of tariffs that other countries impose on the US?

China uses Keynesian principles correctly and look at the results, nothing succeeds like success.

For the US, "Keynesian" is just a word used to justify dollar creation for the sake of the upper 1%.

History will show that the Japanese took our technology and used it until this day to make quality products after we long ago stopped making quality products, especially cars in Detroit where we had a virtual monopoly.

History will show that China did the same but also took our economics and used it properly.

Unlike the Japanese they have military and people power as well so China will not end up like Japan, a satellite of the US.

No, the entire west will end up as China's satellite and the upper 1% will lose their assets because they're just not part of China's worldwide planned economy.

All westerners may do worse under China's influence, but there won't be a group anymore with more than half of the wealth.

Whether we want to take our chances isn't an option so let's hope eastern culture will allow westerners a place above ground if not a place in the sun.