Criticism
Some believe that deficit hawks use deficits as an excuse to oppose government spending. William Greider claims, "Their real intent is to stymie the very spending programs that can deliver economic recovery and relief to battered citizens." He points to the example of World War II spending during the Great Depression, in which the government ran up massive deficits but brought about America's postwar prosperity by taking greater control of the economy, focusing production on arms and suppressing consumption.
Read more about this topic: Deficit Hawk
Famous quotes containing the word criticism:
“Like speaks to like only; labor to labor, philosophy to philosophy, criticism to criticism, poetry to poetry. Literature speaks how much still to the past, how little to the future, how much to the East, how little to the West.”
—Henry David Thoreau (1817–1862)
“Nothing would improve newspaper criticism so much as the knowledge that it was to be read by men too hardy to acquiesce in the authoritative statement of the reviewer.”
—Richard Holt Hutton (1826–1897)
“The greater the decrease in the social significance of an art form, the sharper the distinction between criticism and enjoyment by the public. The conventional is uncritically enjoyed, and the truly new is criticized with aversion.”
—Walter Benjamin (1892–1940)