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Response to ProfessorGAC (Reply #7)

Mon May 10, 2021, 08:43 PM

8. You seem to be reading things I didn't even write.

ProfessorGAC wrote:
You Said It's A Good Thing & A Bad Thing In the Same Post

I said government spending is a good thing in a recession. Where did I say it was bad? (I didn't.)

Could the economy be considered bad if it is currently in a recession? (My assumption is that recessions are not good.)

Could additional government spending be a good thing when the economy is bad? (Apparently I think it is.)

ProfessorGAC wrote:
The GDP is the economy

Does additional federal government spending of well over half a trillion dollars in a short period of time translate to a true reflection of the state of the economy in the GDP numbers? (I'm going with no. YMMV.)

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