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Originally Posted by Arc101
Can you please explain this argument to my bank manager, he tends not to agree with me on this !
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Bingo. It's amazing. If I engage in deficit spending, I go bankrupt. If you engage in deficit spending, you go bankrupt. If a corporation engages in deficit spending, it goes bankrupt. When the USSR engaged in deficit spending, it went bankrupt.
But somehow, with republicans stirring the american financial witches cauldron, dashing in a good sprinkle of voodoo economics, deficit spending is a good thing.
Like I said. Amazing.