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Politics : Formerly About Advanced Micro Devices
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To: i-node who wrote (679445)10/17/2012 4:07:35 PM
From: combjelly  Read Replies (1) of 1573427
 
The Clinton recession was big. But 9/11 was a body slam
Not even close to a body slam. Now the 2008, yes. But the aftermath of 9/11? That is stretching the available history in so many ways.

You better be able to scare up some proof.


Nonsense. Debts and deficits are not stimulative.


Money is money. If you have extra spending coming into the economy it doesn't really matter if the source is the government, consumers dipping into savings or Martians. The money supply has been increased. Now you can argue about the relative efficiencies of the spending, but to claim it has no effect is, well, bullshit.

This isn't Keynesian economics, pseudo or otherwise. It is economics, period. To claim otherwise is delusional.
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