Quote:
Originally Posted by Canadianman
What would be the alternative? Cutting spending, pushing us into more unemployment?
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If a government insists on deficit spending, I would propose it be done on individual infrastructure on a project by project basis where private sector labour is being used. Ideally the government can pull back if the private sector is hopping again without bloated bureaucracy and resorting to a lay off of public employees... it employs more people, the labour is cheaper, and it doesn't become a long term operational line item to hamper future budgets. Operational deficits are always messy and will create some pain in the future.