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In a very weak economy, when you say 'cut government spending,' what you mean is you're laying off school teachers and you're de-funding various programs that put money into the economy. This means you have more unemployed people that then draw unemployment benefits and don't pay taxes. ↗
Conservatives used to believe in confronting hard truths, not succumbing to comforting fairy tales. Some still do. ↗
Having your fiscal house in order and having a more manageable macro-economic future is going to be very useful in creating growth. ↗
If there is one lesson for U.S. foreign policy from the past 10 years, it is surely that military intervention can seem simple but is in fact a complex affair with the potential for unintended consequences. ↗
One of the great dilemmas for America will be that American companies will do very well while American workers might not. ↗
#american #american companies #american workers #companies #dilemmas
