CrusaderFrank
Diamond Member
- May 20, 2009
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You wanted to analogize the 2 situations to make a point, so if massive cuts in defense spending back then were followed by economic prosperity,
there's your analogy.
Right. Keynesian Economics never worked and cutting government spending rules.
Again, thank you
Frank, not long ago, Sikorsky Helicopter, down the road from me, announced layoffs of about 400 workers largely due to cutbacks in US defense spending.
Tell us where that cutting of government spending creates 400 new jobs for those guys. And that would be just to get back to even, jobwise, let alone create net new jobs.
Explain that to us in detail.
(btw, I'm not arguing that the government shouldn't have cut that spending if we don't need it, I just want you to explain to us how and where, SPECIFICALLY, that creates new jobs).
It's not just spending cuts. It's spending cuts coupled with Tax cuts coupled with repealing the economic destructive regulatory framework (Labor laws, etc.)