[QUOTE="QuistisTrepe_"][QUOTE="bpthomas85"] pure gibberish. your argument is a non sequitur. people dont stop spending because the deficit is high. they stop spending because they have no money. stimulus gives people and buisnesses more money to spend and incentive to spend it. whether they choose to spend it or not relies purely consumer confidence.-Sun_Tzu-
Yeah, the stimulus worked so well the first time, didn't it? I was addressing two different things, FYI.
It wasn't perfect, but it did help a lot. It's not a coincidence that as the stimulus has gotten phased out the economy has gotten worse.But isn't that the problem with stimulus? It artificially and temporarily props things up. You spend all of this money on hiring people, but then when the government money runs out, they are right back to where they started only now the country is in even more debt, we have increased the amount of money out there (which can't help but devalue the dollar), and there is less government money to go to important things because it is being used to service the debt.
I am by no means an economist, so please give me details on how I am wrong on this.
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