Increased government spending can provide a temporary stimulus to demand and output but in the longer run higher levels of government spending crowd out private investment or require higher taxes that weaken growth by reducing incentives to save, invest, innovate, and work.
“I just try to do as good job with the material as I can and play some jazz as well, some improvised music, and do that every night. Just see where it goes.”
“Eroding solidarity paradoxically makes a society more susceptible to the construction of substitute collectives and fascisms of all kinds.”