Is there any precedent in economic history where a government has cut spending and taxes have been raised and an economy has recovered? is it actually feasible? it simply makes no sense to me. i can’t think of any. i can think of examples where the government has cut spending and taxes. that works. at least the UK is attempting to do/signal that.
Howdy ,
Is there any precedent in economic history where a government has cut spending and taxes have been raised and an economy has recovered? is it actually feasible? it simply makes no sense to me. i can’t think of any. i can think of examples where the government has cut spending and taxes. that works. at least the UK is attempting to do/signal that.