Quote:
That’s $1.5 trillion taken out of the economy and spent on government instead of being used to create jobs.
|
What really bugs me (or as Peter would say... Grinds my gears) is that people think this is taking money out of the economy. Except in the case of foreign aid and invading/rebuilding other countries, it isn't. That huge social safety net the govt runs puts the money right back into the economy.
What's taking money out of economy is the 1/2 trillion annual trade deficit.