Quote Originally Posted by chitown
"The U.S. ran massive deficits during World War II, much larger than we expect to see during this crisis. Yet the two decades after WWII were very good times for the U.S. economy. So large, temporary deficits are completely doable.
Again I agree.
If you believe the Keynesian philosophy that in times of economic troubles the government must intercede.

The current and previous administrations in the US must also believe that asking for 1.5 trillion USD in bailouts and stimuli packages - certainly it is not a case of allowing the free market to operate