TheRealMafoo on 24 July 2010
| richardhutnik said: What if, through productivity gains from technology, and globalization that drives wages down to low levels (and forcing unemployment to remain high), consumer spending CAN'T return to the levels known prior? Not to say the answer is more government, but there is no guarantee the solution is less government. |
I am fairly confident that consumer spending will not reach the level is was at. Less government will be better however then more government.
With less government, there is a high chance spending will not recover. With more government, it's guaranteed.
