To be Keynesian or not.. That's the question.

The Keynesian Economics have come in for significant attacks from the right because of what has happened to Greece. I think that here things need to be clarified that America is not Greece and the Keynesian Economics of low rates and high borrowing by the government will, in fact, create sustainable growth. 

This could happen if the money is actually borrowed by the businesses that create the jobs in place of the government. And we are seeing that happen. If the government yield rates go up, the businesses will see less demand for their debt and this may not bid well for the economy. America has seen a large number of startups in technology and non-tech sectors and this is not to be seen in Greece. 

So it seems that the Keynesian economics are not to be blamed here. On the flip side, I do feel that a socialist government model wherein the center can take a more proactive role in the economy by building businesses and other projects such as railways would be better in the long run.