Just as today's Keynesians claim the New Deal failed because Roosevelt didn't spend enough (raising taxes, recovery stalling in 1938), we will likely hear the same story in 20-25 years that the 2009 stimulus failed only because it wasn't big enough.
forecastpending
Speaker
Russ RobertsEvidence Quote
“the general consensus I think now of people who are advocates of Keynesianism is that Keynesianism was not tried by Roosevelt he didn't spend enough”
Created: 6/15/2026, 9:17:28 AM
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