Originally Posted By: Oxy
(-> Keynes model of anticyclical govenrment
actions/interventions is still valid as in the 30s)


It will not work and did not work. The government is always to slow, too late, invests in many cases in the wrong field and delays the structural change. Government should spend protection, law and security but not interact into economy.

Here in Germany the government offers help to the banking industry (they call it a "rescue package").
They offer billions of security money. Now the banks are accepting this money to secure their future investments for the next 2 years. This is not a rescue package anymore. It is a deep intervention into economical processes. And it is paid from taxes, all Germans could pay now to ease the life of rich bank managers.

It is just an example that government should not interfere into economy.


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