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Old 10-23-2008, 05:39 PM   #6
hooskins
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Join Date: Dec 2005
Location: Chantilly, VA
Age: 37
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Re: Any opinions on deficits and economy?

Yea generally speaking deficit spending is alright based on what your general beliefs are. If you are a Keynesian then it is ok, until you reach near full employment, then inflation occurs.

Major factors to concern is the current dependence on foreign investment to fund borrowing, rather than domestic. Also raising taxes isn't always the best answer either, but if invested properly it is ok.
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