Max Power
Not Rod Carey
Posts: 10,064
Joined: Oct 2008
Reputation: 261
I Root For: NIU, Bradley
Location: Peoria
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RE: John Maynard Romney: Spending cuts hurt growth
I think he realizes cuts alone have a negative effect on the economy, as Bull said, and that therefore he wants them to be accompanied by cuts to taxes (to the "job creators," who just love creating jobs when they get windfalls irrespective of demand because they're just swell guys). That's not a terrible idea because the tax cuts increase demand to help offset the spending cuts (though probably not by a long shot); either way it's a net negative that will hurt our economy and decrease revenue.
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02-23-2012 05:38 PM |
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