When it comes to a country being in trouble it must spend more Merkel read the history of Hitler’s economy
SATURDAY, 13 JULY 2013
My family is in a bit of a crisis. My earnings are cut by 25%. Writers never did earn a lot and now we have this economic catastrophe. We’ve cut our expenditures severely.
This is what happens to families in financial trouble. Cut. Common sense, eh?
But when it comes to our country being in trouble we have to be counter-intuitive. Then, a country must spend more. It has to grow faster to produce the wealth that when taxed can pay down the deficit.
This is what happens to families in financial trouble. Cut. Common sense, eh?
But when it comes to our country being in trouble we have to be counter-intuitive. Then, a country must spend more. It has to grow faster to produce the wealth that when taxed can pay down the deficit.
