MaggieMae
Reality bits
- Apr 3, 2009
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☭proletarian☭;2017790 said:It's even scarier this country thinks going even deeper into debt is economic growth.
Stimulus and investment leads to economic growth when the economy is as flat as it is today. There's only one entity that has enough money (credit) to kick-start the economy, and that's the federal government. Sad, maybe, but true.
The federal government doesn't have any money. Printing more dollars produces no more wealth.
If that were the case, then we would have been a failed nation decades ago.