In a very weak economy, when you say 'cut government spending,' what you mean is you're laying off school teachers and you're de-funding various programs that put money into the economy. This means you have more unemployed people that then draw unemployment benefits and don't pay taxes.

Lower taxes, less government spending on domestic programs and fewer regulations mean a better economy for everybody.

Unemployment, foreclosures, bankruptcy - the cure is not more government spending, but helping businesses create jobs.

The basic idea that if you increase government spending or you cut people's taxes that stimulates the economy and lowers the unemployment rate, is a very widely accepted idea. It's in every economics textbook, that's what we teach our undergraduates, and I certainly try to teach them the truth.

Voters want conflicting things. They want a lot of government spending, but they don't want higher taxes.

Of all government expenditures, defense spending is the... most stimulative to the economy.