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Politics : View from the Center and Left
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To: Steve Lokness who wrote (102489)1/30/2009 7:59:35 PM
From: JohnM  Read Replies (1) of 543140
 
Steve, there's a longish post on the "how to pay for it" theme but the short of it goes something like this. We have no serious idea how deep and wide the problem is but all evidence makes it look like the mother of all economic problems. To borrow a phrase.

In that case, I would rather spend and borrow too much than too little. And I think the upside is that we'll have less debt from addressing it aggressively than from being parsimonious.

Lots of detail to all that but that's my bottom line.
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