Quote:
Originally Posted by erps
Hey Windy, As a tea protester, are you only upset about war spending, or does the recent trend in record spending concern too?
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Out of curiosity: Could someone define "spending" here? I am not buying into any of the arguments, it just seems unclear what is talked about.
There has been spending on expanded government activity to fight recession, but also a great deal of investment, i.e. shares taken in banks and business, loans etc., all of which intended to be refunded/returned in some form?
The spending on war has also been a combination of money driving US manufacturers, wages for soldiers, and building Iraq infrastructure.
All these have vastly varying impacts on the economy now and future; so how do the figures distribute across various purposes?