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But for all the possible money games out there, a tax cut is the most interesting. It doesn't mean we have more money -- if *everyone* has more money then the value of money is lowered. It just means that the public is deciding how a larger portion of money is spent, rather than the government.
Since the public is more likely to spend money on items that will result in an increase in productivity, that's where the growth comes.
So I guess the real question is: is the public's more intelligent spending a bigger gain than the debt that would be paid off from that money?
Weird economics.
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