Quote:
Originally Posted by ReGGs
As long as people don't realize that spending cuts in a recession will jut lead to more recession we are going to be screwed. Show me one Economist that says spending cuts in an economic downturn will help? The whole balanced budget thing is downright stupid at best and disingenuously crazy at the least when you consider a decade ago our problem was running a budget surplus. The problem is not government spending. It was FINANCIAL COLLAPSE and that had nothing to do with how much the government was spending and everything to do with deregulation of the financial markets by both Republicans and Democrats. Now we are left digging ourselves out of a ditch and the only solutions being passed are to dig deeper into that ditch.
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I'm not sure that the GOVERNMENT spending OUR money is in any way the answer to getting us out of a recession.
And I'm also of the opinion that the government of the United States spending over 300 billion dollars a day is outrageous.
The govt. was never intended to do 999 out of every 1000 things it sticks it's nose into.
I feel the govt. should spend the bare minimum to do the things it is supposed to do and not one penny more. And WE should be able to keep our own money and have a real economy. Not a false one that is created because everybody is working FOR the govt.
The government is supposed to work for us. Not the other way around I think.