Worst. Idea. Ever.

This is just a stupid panicky idea. It is an article of faith amongst Independents and Republicans that the government spends too much. During a recession cutting spending is absolutely the worst thing you can do. But I am no economist. Here is a bit of an aggregation of those less then sterling views here and here.

Basically you court this if you want a neo-Hooverite type of dip in the economy. It is idiotic and deeply unserious. I have said it before, and I will say it again. People do not understand the economy at large. They are upset about not having jobs, so they focus on a deficit they don't understand, and the government always spends too much.

I will turn it over to Ms. Maddow, because she is bringing the appropriate amount of rage.

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-Cheers