Read or listen to the media or to the mass of politicians that most of the media are so friendly with, and you get a pretty much one-sided view of economic theory.
You get the basic John Maynard Keynes view that lots of government spending will eventually build up the economy. The fact that less spending of government can and usually does stimulate the economy is completely overlooked.
But if open-handed spending were the case, there would be no downfall of socialistic countries, too numerous to mention. The Soviet Union would still be here. Europe today with its Spanish and Greek debacle examples would not be where it is, and so on. All these governments are the latest to have spent themselves into ruin.
If you want alternative economists, read up on at least a few such as Friedrich Hayek and Milton Friedman. For more, try the brilliant economic observers, Frederic Bastiat and Jean-Baptiste Say. (See the Earl J. Weinreb NewsHole® comments.)
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