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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: Alex MG who wrote (318893)11/19/2016 6:49:58 PM
From: neolib  Read Replies (2) | Respond to of 541851
 
The point is that if you are going to spend a $ of debt, do so when the added employment is most critical, not when it competes in a tighter labor market and helps drive up inflation.

Governments should deficit spend in recessions, and pay down debt in the good times. Doing it the other way around is idiotic.