I read most of it, you are a better person than me if you can get through the whole thing. The first thing I notice is the assumption that a benvolent government of considerable size and influence can be turned on and off like a switch. We all know thats not how a powerful government behaves. The quote from Keynes at the end was a nice attempt to make this argument legitimate. Even if Keynes was right, according to his economic perscription, government spending should be increased in down economies and DECREASED in the good ones. The folks we hired to spend our wealth on public "stuff" have decided it's politically popular to deficit spend no matter where the economy is at, up or down.

They don't even do the wrong thing the right way, and they STILL WANT MORE!