3 ms·
That would be great. Question is what do you do about the huge GDP contraction that will happen? If they (the gov) reduces spending then you and me will go bank
by mempko 6y ago
That would be great. Question is what do you do about the huge GDP contraction that will happen? If they (the gov) reduces spending then you and me will go bankrupt or go steeply into debt (it's an accounting identity). The better approach would be to redirect spending away from military and into say, debt relief, housing, and health care.