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Old 11-14-2012, 09:10 PM   #45
BucEyedPea BucEyedPea is offline
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Quote:
Originally Posted by petegz28 View Post
Spending cuts will not aide economic growth. I am not saying we shouldn't cut spending, I am just saying that they won't aide economic growth.
Then we disagree. The federal govt after WWII cut spending dramatically and there was an economic boom.
The more the govt needs for revenue, the more it has to take out of the private economy. That suppresses it.

You're a Keynesian. I am not. I'm an Austrian economics advocate.
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