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His assumption is based on him not k owing what the paradox of thrift is. We are talking about government spending creating more disposable income which then increases demand. There is not increasing of personal debt. Sent from my SM-G975F using Tapatalk

No more trying to you grenners as you just lie. Goodbye stay safe Sent from my SM-G975F using Tapatalk

Yes because they can increase employment which increases disposable income. The abuse is because you are lying about what I have said 2 posts above yours. Sent from my SM-G975F using Tapatalk

Today greeners proved himself to be ficking dumb. I'm off for a run Sent from my SM-G975F using Tapatalk

Grenners why do you lie so much? That is not what I said is, The paradox of grenners is you claim be so smart but in fact are possibly the most stupid person I have ever seen. You are a laughing stock both on her and Twitter. It's sad Sent from my SM-G975F using Tapatalk

No you dense c**t, you don't know what it is. You're fucking done here. Sent from my SM-G975F using Tapatalk

Personal debt? It is the very opposite of incurring more personal debt. It's people stopping spending money. I'll repeat this again the paradox of thrift is not an economic theory you implement it is something that governments have to try and counter. Sent from my SM-G975F using Tapatalk

It's not something that people do, it is the action of peopkevehen faced with economic uncertainty l. Ffs you cretin Sent from my SM-G975F using Tapatalk

We've already talked about increasing capital spending which can be done as construction works are ongoing or universal income. You need to give people confidence to dine money which can be done during lockdown. We are also.msinky talking about the governments actions after lockdown you thick...

How do you implement the paradox of thrift? Comedy gold. Read the whole wikipedia page next time mate. Sent from my SM-G975F using Tapatalk

You don't implement the paradox of thrift, it's something that happens. Sent from my SM-G975F using Tapatalk

It's sad them grenners is such a weirdo he is arguing against mainstream economic theory. It's just bog standard counter cyclical economic spending. In periods of economic downturns it is prudent for the government to increase spending. This is an accepted mainstream idea. Sent from my...

He's a bitter unintelligent Walter Mitty type. Sent from my SM-G975F using Tapatalk

No pretending Sent from my SM-G975F using Tapatalk

Government spending stimulates the economy. The multipliers show this. Why are you talking about how much money people have? That's the issue you plum and why the government needs to enact stimulus packages. These can be anything from increasing capital spending to universal income via a new...

No grenners. The paradox of thrift is not just about the size oc peoples savings is it. It's the economic paradox that happens in downturns. Rational thinking states that it is good to reduce personal spending in the time of economic trouble, the paradox is that if too many people reduce their...

You need to create demand, the economy will lots of spare capacity but it's the demand side of the economy that is the issue. The paradox of thrift will be in play so it's very important to spend money to create demand Sent from my SM-G975F using Tapatalk

Preparing people to except it as unavoidable when it very possible to weaken the slump Sent from my SM-G975F using Tapatalk

More people will not die from any long term economic effects than will die from the virus. It's up to the government to stimulate the economy and as they don't understand demand I fear they will fail 1 Sent from my SM-G975F using Tapatalk

No, that is highly unlikely. The NHS surge plans are at the moment working. Sent from my SM-G975F using Tapatalk