Re: Ron Paul to balance the budget by the 3rd year of his presidency
You also have to calculate the reduced demand in the economy by that person's vastly diminished spending power. You have to consider the private business that would go under without those government contracts. You have to consider that there are five people unemployed for ever one job out there now!
Every Wall St. economist knows that in a recession the government is the buyer of last resort. Read my response to Tom.
