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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?


To: Bald Eagle who wrote (10254)3/31/2009 1:43:11 PM
From: DuckTapeSunroof1 Recommendation  Read Replies (1) | Respond to of 103300
 
In the SHORT-RUN, extra added LIQUIDITY in an economy (such as from extra government borrowing/spending) BY DEFINITION increases the rate of economic growth.

But, in the LONGER-RUN, continued structural deficits (producing monetary growth above and beyond the long-term rate of increase in productivity) actually SAPS growth from an economy.

There is no 'free lunch', Bald Eagle.