JP Hochbaum
DP Veteran
- Joined
- Feb 7, 2012
- Messages
- 4,456
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- Independent
I am willing to make a non monetary bet with anyone on this forum who believes that reduced spending will lead to a healthier economy. I do believe that we will see massive spending decreases in the year to come, unless somehow ACA spends enough to make up for it.
The terms of the bet. We would measure austerity by government spending per capita, and not the size of the deficit (because austerity typically increases the deficit).
We would measure the economy by labor participation rate, wealth and income inequality, and the growth or reduction in private sector savings and credit.
I think the loser of the bet should be require to switch their lean for an entire year, and argue as that lean.
Any takers?
The terms of the bet. We would measure austerity by government spending per capita, and not the size of the deficit (because austerity typically increases the deficit).
We would measure the economy by labor participation rate, wealth and income inequality, and the growth or reduction in private sector savings and credit.
I think the loser of the bet should be require to switch their lean for an entire year, and argue as that lean.
Any takers?