I have learned about the term Keynesian economics, ever since Barack Obama held office. Make no mistake, Obama was and still is a believer in Keynesian economics. He increased the Debt/GDP ratio by 28 percent. He is the top Keynesian president of all time. More so than FDR, Nixon, Bush 41 (fourth place) and 43 (he is the runner-up Keynesian to Obama), and even if Reagan was a statesman in many areas, he did follow many ideas of Keynes (he takes third place).
We can only hope that Reagan took heed of the ideals of Milton Friedman as well in his lifetime and while he was in office. We just wished he would have listened to Friedman more. It seemed that Jimmy Carter, Gerard Ford, and Bill Clinton were actually trying to take on the debt and actually pay it off, according to Swanson’s research on Keynesian economics.
It should also be pointed out that John Maynard Keynes while raised in a Christian environment, would rebel against the Christian faith at a very young and could not be humbled at all. Either that or the church could not or was not equipped to give a biblical account to the young Keynes, and he was able to call their bluff. His economic system was built on the idea that debts were a good thing at the expense of future generations. Keynes would not have children of his own (his eventual wife Lydia Lopokova, did have a miscarriage) and before he took a wife his romantic interests were mostly in men.
The January 12, 2018, Generations podcast with Kevin Swanson takes on the economic philosophies as well as the cultural philosophies of Keynes and how they both bankrupted our world.
Reference
World Economy Teetering on Disaster
It took 6,000 years for the world to rack up $80 trillion in debt (by AD 2002). Sixteen years later, the world had added another $157 trillion (to reach $233 trillion). Now, the world debt to GWP is 225%. We’ve never been this far into the Keynesian nightmare before. So on the bring of the biggest economic disaster ever, we take a moment to explain the life, the fruit, and the ethical rebellion and radical, unrestrained homosexuality of John Maynard Keynes. Biblically, this debt is clearly described as a curse, and an indication of God’s judgment on the nations.
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