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anigbrowl
on July 8, 2011
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Warren Buffett: I could end the deficit in 5 minut...
That doesn't make sense. If the economy is humming, then revenues are higher and you can spend more money that way. Nobody in their right mind would borrow when you could get as much or more interest-free via tax revenue.
aquark
on July 8, 2011
[–]
Maybe -- but getting the economy to grow to generate that revenue is a much harder problem than stalling it and then being allowed to borrow it.
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