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Zetectic
ProfSteveKeen
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Comments by "Zetectic" (@zetectic7968) on "ProfSteveKeen" channel.
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Not an economist but I know that Reeves has got it wrong. Government spending is nothing like household spending or a credit card. You can't get growth by cutting government spending & relying on private equity, otherwise Austerity would have been a great success.. To underline the point, the government doesn't have to raise revenue via taxation before it can spend. If that were true QE could never have happened..
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