I think the difference has to do with short term versus long term. The history I have read on the subject concerning a concerted effort by the Government, with Federal spending programs over a period of time-- whether it be the United States in the 1930s, or Japan for the last decade--has not proved beneficial, has not brought about growth. So we might be talking about the difference between microeconomics and macroeconomics.
Discussing the impact of government spending programs on economic growth.
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