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Politics : American Presidential Politics and foreign affairs

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To: RMF who wrote (44300)7/24/2010 12:38:05 PM
From: Peter Dierks1 Recommendation  Read Replies (1) of 71588
 
Government spending is not an economic spur. It requires borrowing which takes money from the economy.

This is an inviolable rule. Roosevelt may have stimulated the economy. The economy would have recovered far faster without his intervention however.

The reason for government to do a thing is when private enterprise is not able to do the same thing. If you refer to the Constitution you will find a list of the very few things the government belongs involved in.
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