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Mathematically Impossible
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Clay SEIA
Posted 5/25/2015 09:52 (#4589836 - in reply to #4588779)
Subject: RE: Mathematically Impossible



idea1947 - 5/24/2015 18:41

Raising taxes, austerity and sacrifice didn't help in the 40's and it won't solve our debt problem today.  Economic growth is what gets us out of these holes and you don't have a vibrant economy when everyone is going without.

 And where is this economic growth going to come from?  Postwar America was a genuine economic boom, partly because the rest of the industrialized world was severely damaged and no bombs had fallen on US soil.  Partly because business wasn't being regulated to death.  Partly because people actually wanted to work.  Today huge amounts of manufacturing have been outsourced to China and other places, government is hostile to business in many respects, and people who don't want to work can swipe their EBT cards instead.

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