[quote=FlyerInHi][quote=CA renter]
Deficit spending can work, but only to a point; and it’s extremely important that the spending is directed at the most productive and useful things going forward. The militarization of our police departments, never-ending wars, etc. are NOT productive uses of our public monies.[/quote]
Details of policy are debatable.
But in theory, if people have the willingness to work and be more productive, but they are idle because of lack of money circulating in the economy, should we not create more money?
Money is “free” because it’s just a concept we created for trade.[/quote]
The money isn’t circulating because it’s being hoarded by those at the top of the economic pyramid. This has had disastrous consequences for those who work for a living. QE and low tax rates for the wealthy have exacerbated all of our economic problems; they do NOT improve the outlook for our economy.
