In a very weak economy, when you say cut government spending, what you mean is youre laying off school teachers and youre de-funding various programs that put money into the economy. This means you have more unemployed people that then draw unemployment benefits and dont pay taxes. – Fareed Zakaria
What we see today is an American economy that has boomed because of policies and developments of the 1950s and 60s: the interstate-highway system, massive funding for science and technology, a public-education system that was the envy of the world and generous immigration policies. – Fareed Zakaria
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