Comments by "" (@JohnDoe-ew3xt) on "Economy should prepare for ‘macro doubleheader’: Expert" video.

@Wolfcamp555 how does capitalism fail?
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@Wolfcamp555 "the stock market crash of 1929 caused the Great Depression" how did capitalism cause the stock market crash?
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@Wolfcamp555 "the stock market and capitalism are the SAME THING .. Jeezuz dude lol." then why the two different terms? if a tree and an automobile are the SAME THING, why would we use the two different terms to describe them? hmm...🤷‍♂
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@Wolfcamp555 "In a capitalist economy, the market controls the means and production of output, which provides for the General Welfare mentioned in the constitution under Article I, Section 8." the constitution says nothing about the market.. or capitalism.
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@Wolfcamp555 "When the free market can no longer control the means and production, the government steps in and attempts to do so via the Keynesian Theory of Economics." when has the free market ever failed to control the means and production of anything?
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@Wolfcamp555 "Keynesian States to raise taxes, raise interest rates, and lower government spending during times of inflation. In times of recession, Keynesian says to cut taxes, lower interest rates and to increase spending." which affects the market, yes??? so what is currently affecting the market? capitalism? or keynesianism?
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@Wolfcamp555 "When the free market can no longer control the means and production, the government steps in and attempts to do so via the Keynesian Theory of Economics." not according to britannica.. Keynesian economics, body of ideas set forth by John Maynard Keynes in his General Theory of Employment, Interest and Money (1935–36) and other works, intended to provide a theoretical basis for government full-employment policies.
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"When the free market can no longer control the means and production, the government steps in and attempts to do so via the Keynesian Theory of Economics." when has the free market ever failed to control the means and production of anything? in a capitalist situation, a demand for a product or service causes opportunity for private industry to create said product or service and sell them for a profit. when has this ever failed to occur?
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@Wolfcamp555 "you're right, it doesn't. It says Congress has to provide for the common defense. and general welfare." nowhere does our constitution state that congress "HAS TO PROVIDE for the general welfare"... correct? if you think it does, cite the location in the document...
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@Wolfcamp555 you seem to think this is a communist state, with some capitalistic exceptions carved out..
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@Wolfcamp555 "Keynesian States to raise taxes, raise interest rates, and lower government spending during times of inflation. In times of recession, Keynesian says to cut taxes, lower interest rates and to increase spending." which affects the market, yes??? so what is currently affecting the market? capitalism? or keynesianism?
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@Wolfcamp555 "When the free market can no longer control the means and production, the government steps in and attempts to do so via the Keynesian Theory of Economics." when has the free market ever failed to control the means and production of anything? in a capitalist situation, a demand for a product or service causes opportunity for private industry to create said product or service and sell them for a profit. when has this ever failed to occur? can you give me an example?
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@Wolfcamp555 "When the free market can no longer control the means and production, the government steps in and attempts to do so via the Keynesian Theory of Economics." not according to britannica.. Keynesian economics, body of ideas set forth by John Maynard Keynes in his General Theory of Employment, Interest and Money (1935–36) and other works, intended to provide a theoretical basis for government full-employment policies. do you think that britannica is incorrect?
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@Wolfcamp555 the preamble says NOTHING about the congress..
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