GoodWill4All Wrote:
Dec 01, 2012 1:53 AM
"Spending cuts while the private sector is deflating..." would be call a Recession. The Federal Government is Recovering this economy by spending more money. Economy = Public Spending + Private Spending. If the Private falters, the Public picks it up. Then the rub... short term - this works. Long term - it damages the very economy you're trying to save. We're at 4 years now. This is no longer temporary. Zombie Economy... Our President needs to take a radical step away from where he's going and towards Private Sector growth. But I don't think that's going to happen.