Quote:
Originally Posted by Urbane Guerrilla
Actually, said "rigid ideology" is better called adult thinking. Being sloppy about this drives inflation more powerfully than anything else: I'll predict that the Act will cause noticeable inflation at a greater rate.
Simply put, Government debt drives inflation
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Adult thinking is not limited to one economic model...unless you are a rigid ideologue.
Another equally adult economic model is that government spending gets you out of deep recession and hundreds of thousands of job losses every month.
We tried the adult thinking of deregulation and supply side trickle down economics....and it that didnt work....in fact, it contributed to the problems we're now facing.