Quote Originally Posted by greybeard_ View Post
Are you a Keynesian? I suppose your solution to government debt is for the government to borrow and spend more money? Thats crazy. These sort of fiscal stimulus strategies are usually advocated by vested interests and captains of industry who always end up cashing in. Bad economics. Bad public policy.
Agree with you. That's the easy way out, it is easy to keep borrowing and spending to create economic growth, and let the next governments to worry about bigger debt. It is also very easy to cut the budget from people who will never vote for you. But much harder to address the real problems, such as discouraging people to keep borrowing and spending more and more on unproductive housing, and encouraging more business investments to create new jobs.