But in 1928 they used deficit spending to alleviate the poor (hoover dam etc) (correct me if im wrong pls), now they argue that any government spending is bad. i think the longer this continues, the less legitimate the government will be percieved, until there is a breaking point with whatever outcome
Right, government spending is obviously not a negative off itself. The key question is where the government allocates the resources. The problem in US has been that the government isn’t allocating its resources in a way that actually translates into standard of living improving for the population. This in turn leads people to lose faith in the government.
But in 1928 they used deficit spending to alleviate the poor (hoover dam etc) (correct me if im wrong pls), now they argue that any government spending is bad. i think the longer this continues, the less legitimate the government will be percieved, until there is a breaking point with whatever outcome
Right, government spending is obviously not a negative off itself. The key question is where the government allocates the resources. The problem in US has been that the government isn’t allocating its resources in a way that actually translates into standard of living improving for the population. This in turn leads people to lose faith in the government.
They loose faith in the government but support the people that pushed these measures in the first place lol
utter lack of political literacy will do that to mfs