AntonToo
Diamond Member
- Jun 13, 2016
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Well, you suck money out of the economy and buy government. Government doesn't produce anything. It's like cashing in your stocks and buying shit for your house.
Not only money was not sucked out of economy, money was INJECTED into economy by increasing national debt. Remember, not only taxes didn't go up to pay for spending, they DECREASED with tax-cutting.
Besides, Great Recession didn't happen due to money in economy. It happened because real estate wasn't fool-proof investment everyone was assuming it to be.