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    I am not a Keyseyan and do not subscribe to excessive deficit spending in recessions. But if we give Keynseyan economics the benefit of the doubt and bear in mind for most of the period in the chart Keynes theories were those they claimed to follow, then you can't just judge the rights or wrongs of this by having a deficit or increasing it. You would need to strip out the years of economic growth in which the deficit was also allowed to grow, in cash not just real terms, to see the worse period of economic irresponsibility. You will see that the worse and most irresponsible period was that from 2001. Keynes said that deficits should be reduced and the current account balanced during growth periods and his disciple Brown ignored that hence the mess we are in now.

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