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  • Progress Illinois shows us all what happens when you let economic illiterates try to defend an economically embarrassing statement. Specifically, they’re complaining about the video of Phil Hare from IL-17 saying it’s a “myth” that the country is in debt and you “just can’t spend” because the quote was taken “out of context.” Well, with context it’s worse. Here’s the full quote:
We will see a terrible price that we will pay years down the road for letting our children down when they need us the absolute most.
I’m not going to be part of that, so every minute I have here is going to be spent on trying to debunk the myth that this country is in debt, and we just can’t spend. Well, you can spend, and every investment that we make–the two things this government makes a lot of money on is when we invest in putting people back to work. And if you didn’t even care about the human toll, every 1 percent of unemployed people costs this country billions of dollars anyway. So it’s an investment. So let’s get people back to work.