Copyrighted Image? DMCA | In the June 12, 2013 post titled, "This graph predicts the future. What does it tell you", we showed you this graph. And we asked four questions: 1. What does the federal government do in the years leading up to recessions? (Answer: Cut growth in deficit spending) 2. What does the government do that cures recessions? (Answer: Increase growth in deficit spending) 3. What is the government doing now? (For a clearer picture, the next graph is a closeup of the most recent past) 4. Why is the government cutting deficit spending growth, despite overwhelming evidence this causes recessions? (Because of the false premises that the federal government can run short of dollars, or by creating dollars, could cause inflation.) |
Read the rest of the story HERE:
At econintersect.com
At econintersect.com
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