Quote:
Originally Posted by fishbones
Deficits can be a good thing for the economy.
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Brief deficits can be a good thing. What the Dems are doing right now is not. Spending during a down economy is only good if it is put towards quick growth and recovery areas. A historical example of the contrary would be Reagan's increased Cold War-era spending during a down economy. The deficits during these times had no long-term financial benefits (regardless of the debated necessity for the spending).