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Old 02-02-2009, 04:43 PM   #4
The Goat
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Re: Economic Stimulus: Tax Cuts vs Government Spending

Quote:
Originally Posted by Trample the Elderly View Post
I'd like to know if this scenario is truthful. I'm not B.S.ing you Schneed. The government borrows money from China, Japan, and or Dubai. The government then gives that said money to the public. The public then goes out and buys goods manufactured in China and Japan. Is that a logical statement?
I see what you're saying but think it would only work that way if every dime consumers spend went to China and Japan (or on imports for that matter).

... you're right too about how much it sucks borrowing money so much money as a nation.
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