What are some criticisms of Keynesian economics?

A question about Keynesian Economics ? Keynesian Economics says to help get out of a recession a Government sh?

• A question about Keynesian Economics ? Keynesian Economics says to help get out of a recession a Government should lower interest rates and increase the money supply how does this help increase aggregate demand and consumer spending ? A REVIEW OF KEYNESIAN THEORY The cure for this, Keynes said, was for the central bank to expand the money supply. By putting more bills in people's hands, consumer confidence would return, people would spend, and the circular flow of money would be reestablished. Just that simple! Too simple, in fact, for the policy-makers of that time. http://www.huppi.com/kangaroo/Keynesianism.htm

• Answer:

  Why don't you read your own source? If Keynesian theory works why are corporations holding onto 2 trillion dollars? Could it possibly be because there has been so much money printed that if the corporations spend that money they will aid in driving inflation up to fast for the Fed to pull back the money supply? Maybe, we should thank the corporations for not dumping their money and causing hyper-inflation. Why are individuals still saving more money than they used to if Keynesian theory works? Part of the problem that CAUSED the existing recession is people borrowing more money than they could afford to pay back, too easy an access to credit. The idea that world war II helped get us out of the depression only proves that government spending does work is purely a coincidence. The circumstances were different at that time. At that time in America's history we made the majority of our own products, thus, from the demand of war, jobs were then created in America, not China. The idea that you can give someone $266 a week in unemployment will create jobs is ridiculous. Can giving one individual a $1000 a month create one new job? I believe it probably requires at least 30 - 40 individuals getting $1000 a month before there is even the thought of someone creating a new job. The only truth to the unemployment and jobs is it maintains grocery and clothing stores. It looks like to me Keynesian economics from a business point of view is counter productive. Any jobs created are ultimately very expensive and difficult to ever repay. I predict that history will end up proving Keynesian economics to be one of the world's biggest mistakes, outside of allowing genocides to happen.