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| | Larry Elder |
 | | Reisman: That is a view held by a large school of economists, perhaps the majority school, for the last 60 years or so -- that's the Keynesian school -- but there are other economists like those in the Austrian school, which holds a very different position. |
 | | Reisman: No, it is definitely not a fact, and it displays considerable ignorance which leaves out of account any alternative point of view, and, in fact, it's easy to argue that deficits can pretty well worsen recessions with depression, because one of the main characteristics of any severe recession is widespread bankruptcy. |
 | | Reisman: They're responsible for causing unemployment and preventing people from gaining the job skills they would learn if they got a job, and keeping them unqualified, possibly, for their entire lives. |
| www.jewishworldreview.com /cols/elder012402.asp (851 words) |
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