Comments on: Myth: Spending More Will Fix the Economy http://bentoncrane.net/2008/12/08/myth-spending-more-will-fix-the-economy/ Drive Liberty Sat, 13 Mar 2010 16:32:15 +0000 http://wordpress.org/?v=2.7 hourly 1 By: bentoncrane http://bentoncrane.net/2008/12/08/myth-spending-more-will-fix-the-economy/comment-page-1/#comment-26257 bentoncrane Tue, 31 Mar 2009 11:58:04 +0000 http://bentoncrane.net/?p=225#comment-26257 Zak, You're right, I never took a high school economics class. In fact, I'm a high school drop out. I did go to a few years of college, but none of it was necessary to see the fallacy of deficit spending. Yes, it stimulates the economy . . . for a time. But it's no different than me getting a new Visa card to stimulate *my* economy. Honestly Zak, have you ever seen the govt. *wean down spending* or *think about the debt*? Me neither. Zak,

You’re right, I never took a high school economics class. In fact, I’m a high school drop out. I did go to a few years of college, but none of it was necessary to see the fallacy of deficit spending. Yes, it stimulates the economy . . . for a time. But it’s no different than me getting a new Visa card to stimulate *my* economy.

Honestly Zak, have you ever seen the govt. *wean down spending* or *think about the debt*? Me neither.

]]> By: Zak http://bentoncrane.net/2008/12/08/myth-spending-more-will-fix-the-economy/comment-page-1/#comment-26159 Zak Thu, 26 Mar 2009 21:05:21 +0000 http://bentoncrane.net/?p=225#comment-26159 This is stupid and basically untrue. Your personal debt functions like this but America's debt is different. They don't really have any intention of paying it back. they pay the interest and that is about it. We need spending because it will stimulate the aggregate demand in the economy. The limit should be that once the economy starts to recover, the govt. will wean down its spending and then maybe think about the debt. With the way you described everything, I would be surprised if you have a degree in economics let alone even went to college or took a high school economics class. This is stupid and basically untrue. Your personal debt functions like this but America’s debt is different. They don’t really have any intention of paying it back. they pay the interest and that is about it. We need spending because it will stimulate the aggregate demand in the economy. The limit should be that once the economy starts to recover, the govt. will wean down its spending and then maybe think about the debt. With the way you described everything, I would be surprised if you have a degree in economics let alone even went to college or took a high school economics class.

]]> By: The Crane Company » Blog Archive » The Economy Myth http://bentoncrane.net/2008/12/08/myth-spending-more-will-fix-the-economy/comment-page-1/#comment-22831 The Crane Company » Blog Archive » The Economy Myth Wed, 17 Dec 2008 15:38:30 +0000 http://bentoncrane.net/?p=225#comment-22831 [...] a degree in economics which means he’s so smart!! Because of this I am linking to a recent blog post he wrote explaining this myth. You should read it-he makes it simple and easy to [...] [...] a degree in economics which means he’s so smart!! Because of this I am linking to a recent blog post he wrote explaining this myth. You should read it-he makes it simple and easy to [...]

]]> By: Neal Harmon http://bentoncrane.net/2008/12/08/myth-spending-more-will-fix-the-economy/comment-page-1/#comment-22395 Neal Harmon Tue, 09 Dec 2008 17:13:58 +0000 http://bentoncrane.net/?p=225#comment-22395 Ben, You're finding your voice on this blog and it's awesome! I love reading you that much more now. - Neal Ben,

You’re finding your voice on this blog and it’s awesome! I love reading you that much more now.

- Neal

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