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Travis_0004

(5,417 posts)

3. short term high defecit spending is not a problem

Reply to steve2470 (Original post)

Tue Jun 30, 2015, 10:26 AM

Jun 2015

During WW2, defecit spending was high, but it was also short term

The problem comes when the debt is high and the interest payments are unaffordable.

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question about deficit spending [View all] steve2470 Jun 2015 OP

In grossly oversimplified terms geek tragedy Jun 2015 #1

yes that was my understanding, thank you! nt steve2470 Jun 2015 #2

One reason why Bush tax policies were a disaster! on point Jun 2015 #4

short term high defecit spending is not a problem Travis_0004 Jun 2015 #3

Right now our debt (not deficit) is around $ 18 trillion Yupster Jun 2015 #5

Well, Keynes says.... Adrahil Jun 2015 #6

Deficit spending isn't an issue until borrowers suspect you aren't going to pay it back... PoliticAverse Jun 2015 #7

Households can go bankrupt through a few years of bad decisions. Orsino Jun 2015 #8

Deficit spending is just a failure to properly tax the rich Taitertots Jun 2015 #9