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Old 04-27-2005, 05:44 PM   #3535
Spanky
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Join Date: Feb 2005
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Quote:
Originally posted by Mmmm, Burger (C.J.)
Friedman's against structural deficits. Is he also against transitory ones? You don't tax your way out of recession. You spend your way out, and tax your way back in (or at least out of overly rapid expansion).
I don't think I said tax, I think I said you tax cut your way out of recessions.
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