>Most economists would have predicted that. During tough economic times the government needs to spend more money, not less.
>
>Most economist are not advocates of Keynesian economics.
>
>Unfortunately there is a lot of sentiment for belt tightening here as well.
>
>Don't you see something fundamentally wrong with the theory that we can get ourselves out of debt by spending more money? How would that work for you as an individual?

if you can't pay your bills you would look for more INCOME wouldn't you?

Peter