Raising corporate taxes to lower deficits would, in theory, help combat inflation. But simply appropriating more spending would not.
Doocey's just doing his job shilling for the right. But the real issue is difference between traditional monetarism and progressive economics.
Traditional monetarism that has been the primary theory in American (and free capital countries) for the past 40-50 years, and even going back to Eisenhower, takes money out of the econ by the fed both taking money from member banks and raising rates. In sum (-: that makes it harder for us working stiffs to buy shit.
Progressives would take money from the economy by simply taxing corporations and "the rich." This would be "fair" (according to them) and not simply as a coincidence redistribute buying power