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Politics : The Trump Presidency
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To: zzpat who wrote (65984)4/10/2018 3:49:14 PM
From: TimF  Read Replies (1) of 359938
 
Also a lot of extra spending is a dubious way to exit a recession. A big part of the reason why is timing reasons. A lot of money doesn't get spent quickly. But that's not the only reason.

But stimuls spending in deep recessions is a fairly mainstream idea. One I'm not going to attack to strongly. The more important point is that it isn't just extra spending during the recession. The recession spending was a sizable blip, but just a blip, up in the long term trend. Also much of it was long term extra spending, not stimulus during the recession. And all of it, while much bigger than the tax increases you complain about, was very small compared to the developing entitlement crisis.
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