This presentation discusses keynesian economics. The focus on the presentation is the following area 1. Role of Government spending 2. Impact of too much government spending 3. Government Debt 4. Government Deficit 5. Government sustainability

1. Keynesian Economics
By: Paul Young, CPA, CGA

2. What is Keynesian Economics

3. Statement of Operations

4. Failures – Keynesian Economics
• Since Mulcair/Justin worship Obama then only makes sense to point out that Obama has been
using Keynesian economics and it has been a failure -
http://www.forbes.com/sites/peterferrara/2012/07/12/obamanomics-the-final-nail-in-the-
discredited-keynesian-coffin/
• Comment to NDP/JustinTrudeau follower that pushed Keynesian:
• USA has been stimulated the economy since Obama took office and what do you got? It seems to
me that USA has not reformed income tax or other reforms. You can talk all you want, but unless
the private sector can create the jobs then government intervention over the long haul will fail.
Harper slowly pull back spending as the private sector rebounded. You have proved my point that
you are a complete loss when it comes economic policy. You use big words and have no clue how
they work as part of managing the economy!
• Deficit/Debt - https://www.youtube.com/watch?v=4dBeIzsVfK4
• Harper took a balance approach with both spending and tax cuts as such Canada has better
middle class than the USA. https://www.youtube.com/watch?v=xqLDHQ-iJU8
• Yet people complain Harper has failed Canada as such we either need a LPC or NDP government!