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Friday, 6 March 2015

Finally, another example of fiscal illusion may be seen in deficit spending.

http://en.wikipedia.org/wiki/Fiscal_illusion

Finally, another example of fiscal illusion may be seen in deficit spendingCATO Institute economist William Niskanen (2004), for instance, has noted that the "starve the beast" strategy popular among US conservatives wherein tax cuts now force a future reduction in federal government spending is empirically false. 

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