Are you sure you want to delete this post?
Government spending or tax cuts, depending on your ideology.
It's all about removing drag that government has put in place w/ the tax structure per the given size of gov't + credit expansion.
With the currency being a simple public monopoly, it's never 'hands off.' Gov't always has its hands on the private sector.
And involuntary unemployment and excess capacity is the evidence that GOVT is restricting the supply of dollars the private sector needs to pay its taxes and save what it tries to save.
In short, if you don't cut taxes when you cut gov't spending, it's just like raising taxes. All that spending by the gov't and income received by the private sector is just gone.
From this point of view, the Tea Party's debt hawks have ushered in an era of gross overtaxation per size of government, and prevented any sort of bottom-up recovery. And too many Democrats, including President Obama, have bought into the deficit hysteria, despite everything we've learned over these last 4 years.
There are those that think the Monopolist should restrict supply for no other purpose but reducing the size of the number on its balance sheet, and there are those that think the Monopolist should let our people work.
Just who is the 'limited' gov't proponent in this debate?