Saturday, February 20, 2010
Deficit vs jobs
There's a lot of concern about the deficit, and plans to cut back on government programs. It is very unfortunate that Reagan & Bush-2 saddled our country with such huge deficits. But if we can stimulate demand, it will lead to more jobs, which will lead to more taxes being paid, which will help the deficit at the same time as helping our fellow human beings. Cutting government programs right now will increase the number of people out of work, which will lead to decreased demand, which will lead to fewer jobs, which is the last thing we need right now.
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