Quote Originally Posted by BigBear View Post
I'm confused... Obama is not a Keynesian is he?

John Maynard Kenes was an English economist who advocated the use of government monetary and fiscal policy to maintain full employment without inflation... but we do not have full employment and there has been some inflation...
To me he is much more extreme than Keynesianism. Keynesian economy believes in Govt intervention in private businesses to solve economic issue.