DavidM Wrote:
Nov 19, 2012 8:52 AM
"Yet a move to raise taxes and shrink spending does the opposite. It sucks money out of the economy. " This is pure folly. Govt spending SUPPRESSES the private sector, which is the only part of the economy which actually produces wealth. At no time has government spending been cut and the private sector has been diminished. Keynesian ism is a cancer we just can't seem to cut out.