ANSWERS: 3
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No, in my opinion. Stimulus spending should be a last resort, not a way of life. Besides, the US has already gotten out of recession: "Economic data for the third quarter in the US has confirmed it has pulled itself out of the worst recession for 70 years. The US economy grew 0.9% from July to September - its fastest rate for more than two years." http://news.bbc.co.uk/2/hi/business/8332773.stm
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Yes. Actually, I think the government should tax us 100% and distribute our money themselves, since we are too dumb and too irresponsible to spend it ourselves, wisely.
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Yes and no. I agree with Robert Reich (and many other economists) that despite some positive economic news, unemployment is still a huge problem. However, I think borrowing and spending more money within the current broken system will probably create more problems than it solves. America needs to accept that it is no longer a viable empire, bring our troops home from Iraq, Afghanistan, and the 700+ military bases around the world, and quit spending as much on our military as the rest of the world COMBINED. America needs to admit that 'free trade' may make the economic pie bigger, but it does so at the cost of giving massively larger slices to a very tiny minority. Hence, the US should pull out of GATT, NAFTA and the WTO. America needs to reassert its regulatory authority over the economic predators on Wall Street, break up institutions that are "too big to fail", and make financial 'innovations' subject to the Precautionary Principle (i.e. the innovators PROVE that their ideas won't be abused or distort markets, THEN they are allowed to introduce them). I think structural changes like the ones above would do FAR more to reestablish strength, rationality, and a modicum of fairness in the American economy than throwing more money down the same old rat hole. Given that both major US political parties are beholden to the same Corporatist Kleptocrats for campaign financing, I think there's a snowball's chance in Hell of this happening.
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