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Politics : American Presidential Politics and foreign affairs
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To: TimF who wrote (25660)2/4/2008 4:10:13 PM
From: DuckTapeSunroof  Read Replies (1) of 71588
 
Re: "Endless large deficits are a problem, and a negative thing,"

That is CORRECT.

Like I pointed out: not even the MOST LIBERAL of Keynesians would argue in favor of endless government deficit spending across all phases of the business cycle, and without end.

That is such a LIBERAL and PRO-BIG GOVERNMENT policy that I can scarcely think,of anything that would be more so.

Re: "... but one that can be dealt with."

ANYTHING can be 'dealt with'.

Disasters of all sorts can be 'dealt with'... but that does not mean they should be welcomed or invited.

Re: "We are worse off because of them, but its not a disaster."

Oh, it's a DISASTER alright... (albeit a very long-lived and slowly building one. One look at the Weimar Republic might serve to illustrate the point.)
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