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bisley wrote: »
Well, since listening to all of the economic intellectuals has helped us get where we are, and since the best of them are wrong as often as they are right, why can't we just do something logical, like stop spending money we don't have? There is no case I've ever heard of where an individual, business, or country has ever spent itself out of debt.
We have a president who thinks spending isn't the problem.
alphasigmookie wrote: »
This can happen if spending cuts are done in a measured way, but if the government cuts too much too fast you can end up in a recessionary spiral.
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