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To: TigerPaw who wrote (65337)3/31/2004 1:19:49 PM
From: RetiredNow  Respond to of 77397
 
That's a good point. That's what deficit spending leads to. It adds to the drag on the economy through government spending crowding out private investment, as well as interest on the national debt creating an overhang. Both are bad for GDP in the long run.


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