We need more, not less, deficit spending to keep the economy afloat, David Levy argues. "We're...

|By:, SA News Editor

We need more, not less, deficit spending to keep the economy afloat, David Levy argues. "We're going through a period of enormous weakness in business investment, household investment," he says, and "we should do... much more long-term federal investment." Deficit hawks are "taking the Hooveristic, Euro-masochistic type of approach."