This article offers an opposing view on debt and spending. It's based on the theory that we just haven't spent enough to kick us into recovery. You have only to look at history to see where this idea was born. After the crash in 1929, the economy languished for 12 years before the clouds finally parted and employment moved back under 10%. What precipitated that recovery? We entered WWII and government military spending skyrocketed... whole industries related to the war were born.
It's something to think about.
Debt Doesn't Matter - TIME
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