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by lesuorac
199 days ago
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Recession are a natural part of the business cycle though. Like it's good to have them, Democrats not allowing a recession to occur just makes the next bubble even bigger. And all kinds of inefficient businesses are allow to zombify when the resources could be used elsewhere. Now, the bigger problem is that you're supposed to raise taxes during the boom so that you can run deficits during the recession to recover quickly. Unfortunately we run deficits during the boom so that the crash is even bigger as well ... |
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> Democrats not allowing a recession to occur just makes the next bubble even bigger. And all kinds of inefficient businesses are allow to zombify when the resources could be used elsewhere.
This is honestly just horseshit. Both parties want to avoid recession, its just that one of them believes in established economic theories and is successful; while the other one is steeped in crackpot economics which have failed repeatedly.