@Tres Knippa If you knew your economics, you'd know that TheArmoTrader is espousing a Modern Monetary Theory position, which has a completely different set of theoretical underpinnings than the Keynsian crowd. For a start they treat debt levels as being of great significance to the economy, rather than the neutral triviality that the Keynsians grant it.

Go read the posts at pragcap, you might find them enlightening, even if you disagree with them.