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Explain to the people of the United States that cutting spending during poor economic periods just hurts the economy

Created by T.M. on January 04, 2013

For years, citizens and politicians have railed against the President for not cutting spending. It is baffling to see that the President and his staff have failed to explain how doing so would not only hurt the economy, but actually increase the national debt. Cutting spending now would lead to less money in the economy and more unemployment. This in turn leads to less tax revenue, and we end up actually increasing the debt while hurting the economy. It completely evades me why the President has not said this. The only plausible reason is that he thinks the American people are too simple to understand it. An overwhelming number of economists agree with this thinking. Maybe if the President pointed this out to the American people, we wouldn't be having a false debate about fixing the debt.

Economy & Jobs
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