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Originally Posted by $5 submissions
"It fails because you don?t increase economic output by taking a dollar from one person and giving to another. The idea of ?stimulus? spending falls for the ? broken window fallacy??the allure of what is seen versus what is not seen. "
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I'm still not sure if I agree. What do you think?
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I know this stimulus package will only make things worse long term. We need to get rid of the excess debt in the system. We can not do that by adding more debt (dollars). End of story.