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Politics : President Barack Obama
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To: Road Walker who wrote (81133)8/18/2010 11:10:38 AM
From: TimF  Read Replies (1) of 149317
 
Yes it would be different, increased spending is an increased burden on the economy (whether its financed by taxes, borrowing, or "printing"/inflation). A tax cut isn't.

But despite that very important difference if I complained about $14.6 bil in new spending, it wouldn't because that amount of money is such a huge deal, it would only be if I thought we where not getting value for spending that money. If spending had only been increasing by $14.6bil a year this century, than it would be at much more reasonable levels, and we would currently have a budget surplus. I wouldn't complain about that overall level of spending increase. Its small on the scale of the whole government, whether its a tax cut or a spending increase.
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