Quote:
Originally Posted by guyy
Deficits? Big Fucking Deal. You have falling output, rising unemployment, a threat of deflation and you're worried about deficits? Reaganism is over. Done.
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Just let us stop the pretense thinking deficit spending will have a lasting stimulus affect on the economy. People, working, saving, spending and investing in the future is the best way to grow an economy. that equates to the government letting people keep more of the fruits of their labor. Government spending leads to higher taxes or inflation at some point, both would have a negative impact on economic growth.