If governments within a capitalist system believe they exist to serve the best interests of the people, they believe they should balance the books. But, due to their being polluted with socialist ideas, almost all governments within a capitalist system cook the books instead.
Governments within a socialist system do not have this problem. They believe they exist to serve the best interests of the people alright, but they don't believe they should balance the books. Why should such a government bother? The people can't really do anything about it. Keynes told the politicians they didn't have to and, besides, it's none of the peoples' business, anyway. After all, isn't that why the people have a government: to take care of all that complicated stuff for them?
Governments within a socialist system do not have this problem. They believe they exist to serve the best interests of the people alright, but they don't believe they should balance the books. Why should such a government bother? The people can't really do anything about it. Keynes told the politicians they didn't have to and, besides, it's none of the peoples' business, anyway. After all, isn't that why the people have a government: to take care of all that complicated stuff for them?
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