Cutting 50% across the board would be like waking up one day to find that only 50% of the ATMs were able to dispense money.
If the government cuts spending by a certain amount, that amount doesn't just disappear from the economy, it simply remains with whoever the government would have taxed or borrowed it from. Government spending does not create or destroy any money, it only redistributes it. So what are you talking about?
"Alas! I believe in the virtue of birds. And it only takes a feather for me to die laughing."
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