[lbo-talk] Toxic Fiscalism

Doug Henwood dhenwood at panix.com
Tue Feb 12 11:55:07 PST 2008


On Feb 12, 2008, at 2:39 PM, Jordan Hayes wrote:


> Doug asks:
>
>> [ ... after 25 years ... ]
>> Aren't there better uses for 1.5% of GDP?
>
> (Aren't you neglecting the value of what your deficit spending got you
> over those 25 years?)

What'd it get you? What would it get that fully funded spending wouldn't?



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