...in the same way that financial industry bloggers are responsive to the interests of their readers? Don't be too hard on bureacracies - they are stuck between rock and hard place with simultaneous and competing demands for more and less regulation. Often both have some merit, but if one is louder than the other it is the latter.

Otherwise we can increase capital spending and try to increase productivity and/or output.

It's obviously better to focus on increased output and productivity and everybody obviously wants that because getting into higher debt levels to sustain an economy exposes it excessively to interest rate movements and is also inflationary.

But guess what? The public don't DICTATE the events in an economy. They can't increase capital spending because they are powerless and all they can do to sustain themselves is live in debt. Virtually the entire economy is in the hands of the elite and they are purposely forcing the American public into higher debt levels to attempt to maintain their standard of living. You tell me how any person has anything to say in how the economy is managed?

One could also argue that the monetary/economic authorities are purposely destroying the economy when they are sending overseas the middle class jobs, destroying the dollar and creating military conflicts for nothing.

The bigger picture is some kind of global agenda. The people in running things are either incredibly incompetent or they have some kind of agenda. They are not stupid.

but, WTF, is "capital expansion". ????

i've read about capital investment and public works. but what a bloody arsehole word,

BLOODY CAPITAL BLOODY EXPANSION

come'on there's a difference between gov't spending thru equitable taxation and the foolishness of the hidden tax:
INFLATION.

now you might want to consider taxation as THEFT, and the global plot of amerika's secret society to control the world thru nuclear blackmail: capitalist expansion. but at what cost in materials and blood. huh!

what the bloody hell are those brainiacs in the white house smoking. it's real real bad here in the real american streets.

no water, no food, no money.

whatever happens it ain't going to start with the C word.

Moves to give US households a bit of extra cappuccino money (to retire debt or to spend) is no more than a useless election year pork barrel.

Most people lived within their means during the depression years then the war years. This along with many other post war factors provided the conditions necessary for decades of growth. An area to think about.

The situation today is very different and I doubt very much that J.M. Keynes (if alive) would be touting the some tired old dogma.

The mises.org site is worth a look.