I will absolutely agree that the number one component of a solution to our enormous debt and deficit problem is economic growth. We have to grow the economy. But here's the problem is When the government is sucking out of the private sector, we're the ones borrowing the money. So there's not a whole lot of money left for businesses in the private sector, not enough capital there. Now you can print more money. (15:48–15:56)
CLAIM
Asserts that government borrowing reduces available capital for the private sector.
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