Kate Andersen Brower Archive
Obama Says U.S. Must Reduce Debt, Spur Job Growth
Employment, GDP, Government Spending
Nov 02, 2009
[Skip to the end] This is a ridiculous notion that further shows there is no understanding of the monetary system at the highest levels, or the ‘debt’ per se would not be a concern. They obviously don’t understand taxes function to regulate aggregate demand (spending) and not to raise revenue per se.
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