"Contrary to the […] refrain that private sector growth is required, the state has to provide much of the growth in the coming period, to make up for the feebleness of the private sector, where few are investing, and few lending (even if a new round of debt/speculation-based growth was desirable). Cutting spending at this point […] may be like dragging an ailing […] capitalism off the life support, humping it out of the hospital, kicking it through the doors and saying‘“now walk, you bastard’. Even Jesus wouldn’t be that arrogant."