can someone please explain to me what the analogy about guns & butter is all about? I've heard Ron Paul talking about it, but I've never heard this analogy and don't know what it means.
can someone please explain to me what the analogy about guns & butter is all about? I've heard Ron Paul talking about it, but I've never heard this analogy and don't know what it means.
Its a theory that if you spend too much money on guns (military spending), you won't have enough money to spend on butter (domestic spending). Of course they are not mutually exclusive to Ron Paul, but they are to the neocons/socialists.
