The Chinese economy’s still not that much of a consumer economy.
Fareed Rafiq Zakaria Quotes
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.
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| Birth: | 20th January, 1964 |
| Nationality: | American, Indian |
| Profession: | Author, Commentator, Essayist, Journalist |
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