Ottens

His answer:

Here's what he mentioned earlier: Which seems to imply that deficit spending is its own reward which is nonsense: the money invested in government bonds is effectively denied the private sector and on itself, doesn't drive a recovery. It's how the money's subsequently spent that matters, right?

Of course. But what are the implications he's talking about? I don't see how this necessarily relates to the morality of deficit spending.

(Hope this is in the right forum.) I'm debating the morality of deficit spending with someone and I'm hoping some people here can help clear some things up for me. Here's some of the points he's making: This, of course, evades the question of morality but purely economically speaking, is this correct? EDIT: Should probably have posted this in Economics... Sorry about that.