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How will this help us pay the 45 trillion dollars of combined public and private debt? Keep in mind our GDP is 13 trillion.
by johnrob 18y ago
How will this help us pay the 45 trillion dollars of combined public and private debt? Keep in mind our GDP is 13 trillion.
- sethg 18y agoThe Keynesian prescription, AIUI, actually has two sides: the government should run a deficit (when necessary) during a recession and run a surplus during a recovery. It's a damn shame that the Bush Administration didn't follow the second half of this advice for the past eight years, but that's no reason to ignore the first half now.