So you're under the impression that if the government stops taking more from the most productive sectors of the economy in order to pay for more less productive things with money we don't have....that the economy will get worse?
No. The tax hikes/spending cuts that go along with these austerity packages country after country in Europe have been rolling out.
I'm talking about taking less from the more productive sectors and using money we don't have yet to pay for a stimulus. So lower business taxes coupled with spending on infrastructure and education reform (i mean, if there was a chance in hell we'd do it right) to help the economy grow long term.
Then you cut spending as things start growing and also raise income taxes.
This post was edited on 12/7 at 2:23 pm