Quote:
Originally Posted by Tyrone Slothrop
I don't understand why you think that only private economic activity "counts." If you run a sandwich shop, you are happy to sell sandwiches to construction workers, regardless of whether they are building a highway or an office building.
What is this Big Correction? We don't have enough demand.
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I don't. And you know that, so don't try to shift the debate. My point was that to spend more govt money necessarily involves a decrease in what's available in the private sector in terms of disposable income. That's undeniable.
The big correction is a 20% decrease in most asset values that've been propped since 2009.
