Popular Conservative Austerity argument Debunked?

[Viper1]

nuckles87 said:

Mr Khan said:

Viper1 said:
Any economist that proclaims bubble growth over organic growth hates his children.

Organic growth is actually very limited in nature (mostly to time-saving innovations and things that enable more people to live longer and live better). Most growth is bubble growth, whether backed by government spending or not.

Exactly. Pretty much every instance of economic prosperity has been a "bubble" of some sort, backed by both private and government spending.

Private spending is organic.  That's not a bubble.   It's only a bubble if there isn't anything of substance supporting it.

And if every instance of economic prosperity was built on a bubble...notice how messed up everything is?  Maybe we should have focused on something more organic instead.