Keynesian Economics

To whom it may concern,

Is it me, or did everyone forget Economics 101? In order to even out the cyclical nature of the market, it is the government's responsibility to spend during a recession and save during expansion. We all learned this quite basic and logical argument from John Maynard Keynes nearly a century ago. It is the tactic that brought this country out of the depression and past recessions. It is the kind of economic planning that we demand during good times, but seemingly deride during the bad. How and why is this poignant, albeit simplified concept ruined during an economic crisis? If the government does not spend during a recession, then who will?

GUNNAR HAND, AICP