Quote by: Franklin Raines

If there's a severe recession, the automatic stabilizers will come into effect, and we will still try to reduce the structural deficit, but we will not try to keep cutting the budget so that we keep worsening a severe recession.


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Author Bio


  • NameFranklin Raines
  • DescriptionAmerican businessman
  • BornJanuary 14, 1949
  • CountryUnited States Of America