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New Not from a Keynesian perspective
Wouldn't a BETTER approach be to REDUCE government spending?


If one were of the notion of using deficit spending as an economic stimulus, it is exactly during times of recession that you want to go in the red. Of course, one can argue the kinds of stimuli that Bush is using (tax cuts for the wealthy, military, etc...) are the wrong way to approach to priming the economic pump. But that does not mean that governments should not increase deficit spending during the bust of the cycle.
New Good point.
     Okay... now... who said the ECONOMY... - (folkert) - (37)
         Shhh.... - (bepatient) - (2)
             EOY budget spending -NT - (boxley) - (1)
                 I doubt it, those number are to big for that. -NT - (folkert)
         It looks promising. - (Brandioch) - (1)
             why pay goes up - (tablizer)
         I did - (ben_tilly) - (4)
             you will not see inflation any time soon - (boxley) - (3)
                 The question that I have then... - (ben_tilly) - (2)
                     Much like Japan is now - (boxley) - (1)
                         One catch - (ben_tilly)
         Yeah that &#% Clinton and his - (Ashton) - (23)
             Must you bring up the "Bad Old Days"? - (mmoffitt)
             what surpluses? Never happened -NT - (boxley) - (21)
                 1998 and 1999, for example. - (mmoffitt) - (19)
                     Just because you can - (imric)
                     nope, ya forgot the payroll tax -NT - (boxley)
                     Not if you counted social security - (ben_tilly) - (15)
                         I'll disagree. - (Brandioch) - (3)
                             Not from a Keynesian perspective - (ChrisR) - (1)
                                 Good point. -NT - (Brandioch)
                             No - (ben_tilly)
                         Do deficits really matter when there is no chance that ... - (mmoffitt) - (10)
                             in sheer dollars its huge, as a % of GNP - (boxley)
                             Yes - (ben_tilly) - (8)
                                 Leverage - (bepatient) - (7)
                                     Nah, that's what the nukes are for. -NT - (mmoffitt) - (1)
                                         Novel approach to calculating a D/E ratio, I suppose. -NT - (bepatient)
                                     But note... - (ben_tilly) - (4)
                                         Yes. We have quite the pyramid scheme going, don't we? -NT - (mmoffitt) - (3)
                                             Think you may need to revisit some definitions. - (bepatient) - (2)
                                                 Happily I majored in Mathematics. - (mmoffitt) - (1)
                                                     Well it is! - (bepatient)
                     Moff, you have your eyes in a blender -NT - (wharris2)
                 But I got a check for $375! - (tuberculosis)
         Who? - (Silverlock) - (2)
             By the way... - (inthane-chan) - (1)
                 Re: "very strange" - (Silverlock)

Do we really have to hide from da cops in da oven, Muggsy?
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