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Re: OMOLIVES post# 220646

Wednesday, 04/24/2024 10:36:57 AM

Wednesday, April 24, 2024 10:36:57 AM

Post# of 220798
Keynesian theory suggests that the "Government" adjusts spending.

We have had this discussion before and sorry but you are still incorrect.

And as far as the second chart is concerned a large portion of the recent spike was due to Trump's tax cuts and Covid. Regrading the latter deficit spending was a must in order to save lives. IOW Shit happens and the government had to respond.

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