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Icelandic Recovery


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#37 Delhommey

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Posted 08 December 2012 - 03:06 PM

You and I will most likely always disagree about the borrowing of monies, I get that.

Running a deficit is always stupid, IMO. Running a deficit and hoping things get better down the road seems like a disaster plan. Much like the road the US is going down.

Again though, any hard data on exactly who got that money? How much it was? Etc....


Deficit spending is not my opinion. It's established economic basic tenet proven time and again.

#38 thatlookseasy

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Posted 08 December 2012 - 04:12 PM

The economic principles of deficit spending during a recession are sound, the problem is convincing elected officials to run a surplus during the good years

#39 pstall

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Posted 08 December 2012 - 11:04 PM

raise your hand if you trust those in govt to spend YOUR money wisely. its YOUR money. remember that.

#40 google larry davis

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Posted 09 December 2012 - 12:33 AM

"running a deficit is always stupid" - someone who has assuredly received several nobel prizes in economics

#41 pstall

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Posted 09 December 2012 - 04:58 PM

What % of the govt is the answer to our fiscal woes?

#42 Delhommey

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Posted 09 December 2012 - 06:11 PM

The government is dumb. That is why they should keep money in their own hands rather than run a deficit and put it in private sector.

#conservativeeconomics