Kasz216 on 26 January 2009
| akuma587 said: Running a deficit in a recession (which may become a depression) is normal, and is pretty much unavoidable. And in many ways the government is the only one who can step in and pick up the slack from the private sector, which is hiding under the covers and balling its eyes out right now. We lost 68,000 jobs today. That is more than we lose in a month sometime. Running huge deficits during good economic times is unacceptable. Even Clinton, one of your "tax and spend" liberals was able to run a surplus. 2007 was a great year financially, but Bush was setting record deficits. |
I'm not saying that running a deficit during a recession is wrong.
I'm saying running a stupid deficit during a recession is wrong.
Don't pay people to dig holes and then refill then with dirt like they used to do in the USSR....
actually pay people to do stuff that will benefit people AND make back the money in the long term.
Make it stuff that matters and is going to work and be usefull.
