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To: upchuck

32 out of 33 - and I’m not convinced I really got the one wrong.


12 posted on 07/05/2011 8:40:37 PM PDT by Titus Quinctius Cincinnatus ("Armed forces abroad are of little value unless there is prudent counsel at home." - Cicero)
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To: Titus Quinctius Cincinnatus
32 out of 33 - and I’m not convinced I really got the one wrong.

Same here. Mine was the one on decreasing both taxes and government spending in order to stimulate economic activity. A Keynesian would say that increasing government spending would have a multiplier effect; however, it also increases public debt and withdraws that portion of money which would have a similar multiplier effect in private hands without increasing public debt. Harrumph.

32 posted on 07/05/2011 8:52:58 PM PDT by Billthedrill
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