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Tax cuts are not likely to cause a reduction in the deficit, but they will encourage consumer spending. And increased consumer spending can counteract the
Tax cuts are not likely to cause a reduction in the deficit, but they will encourage consumer spending. And increased consumer spending can counteract the negative effects of an inflated national debt. Therefore, tax cuts are a good thing for the economy. Given the premises, does the conclusion follow probably though not necessarily? If you believe it does, then you will judge the argument to be inductively strong.
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