In a very weak economy, when you say 'cut government spending,' what you mean is you're laying off school teachers and you're de-funding various programs that put money into the economy. This means you have more unemployed people that then draw unemployment benefits and don't pay taxes.
Fareed ZakariaAbout author
- Author's profession: Journalist
- Nationality: american
- Born: January 20, 1964
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Near home I ran through our park, where I had aired my children on weekends and late-summer afternoons. I stopped at the northeast playground, where I met a dozen young mothers intelligently handling their little ones. In order to prepare them, meaning no harm, I said, In fifteen years, you girls will be like me, wrong in everything
Grace Paley