History Won't Sugar Coat Economic Lessons We Choose to Ignore

Mcgeehan, Pat
September 2012
State Journal (WV);9/7/2012, Vol. 28 Issue 35, p29
The article discusses the reasons behind recessions and economic downturn in the U.S. It states that economic recessions occur because of reduced spending by citizens and increased supply of money by the government. It further states that previous economic downturn suggests that by cutting spending and reducing taxes can help to improve the economic activity in the country.


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