Quote:
Originally Posted by joeydb
There are many who believe that Keynesian spending, especially at a high level, actually lengthens recessions rather than shortening them.
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Yes, I've heard economists debate that. Can you give us one example where stopping spending has worked?
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"Have the clean racing people run any ads explaining that giving a horse a Starbucks and a chocolate poppyseed muffin for breakfast would likely result in a ten year suspension for the trainer?" - Dr. Andrew Roberts
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06-30-2010, 09:30 PM
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