Roger farmer wants us to condemn Paul Samuelson for his belief in spontaneous ie endogenous
Recovery from contractions
Nonsense !
The problem with leaving it to the corporations and households is obvious
It's too SLOW
too long between trough and recovery yes too long
and too deep a drop from peak to trough too !
The state with correct macro nautics can do better !
In fact the state can end the output and employment cycle as we know it
And we know it and have known it ..more or less ..
since the late 1930's and early 40's
After thirty years of reactionary NEW DEMOCRAT hegemony
The prog wing of the Democrats ...the new majority democrats....
The new hegemonic democrats ....need to thrust
this self evident truth
on a long suffering long awaiting multitude
of job class dis illusionists
Perpetual full employment !
