But the Friedmans argue the wheel is out of balance by too much government spending . Each recession , or fear of one , features increased expenditures by government , by those fearful of another Great Depression . Because of incorrect government forecasts , the spending often enters the economy after the recession has ended . The result is more spending and debt without a commensurate benefit to the economy . Once spending programs are in place , they are hardly ever eliminated . The damage done to the economy...











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