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Politics : Formerly About Advanced Micro Devices
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To: combjelly who wrote (362941)12/16/2007 2:57:44 AM
From: Tenchusatsu  Read Replies (2) of 1575984
 
CJ, > Running a larger than normal deficit is a common way to curtail a recession. Cutting taxes has the same effect.

It's not the same effect.

Running a larger deficit means the government is spending money it doesn't have to create "all the stuff that makes the economy turn."

Cutting taxes allows taxpayers to spend that money toward creating "all the stuff that makes the economy turn."

It wasn't clear to me before where the two of you stood in terms of having government directly pumping the economy instead of letting the market do its thing.

Tenchusatsu
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