Quote:
Originally Posted by Vallen Chaos Valiant
Government money spent within the country is not wasted at all; that money will come back one way or another. The only Spending that is wasted is on money that escapes to other nations.
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I call fallacy on this. Look at Japan. Not all spending is "productive" .. heard of a bad investment? Bubbles can be formed through both consumer and government spending.
Anyways .. ultimately this is a debate with very complex economic concepts, that I won't pretend to know the absolute answer to, but it's not so simple as can be resolved simply with the word protectionism.. There are significant unforeseen consequences to any and every policy, let alone whether protectionism will make the situation better or exacerbate the problem.