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
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I enjoy writing but I much prefer the experience of having written. – Fareed Zakaria
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Having your fiscal house in order and having a more manageable macro-economic future is going to be very useful in creating growth. – Fareed Zakaria
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