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What would also quickly become clear is the disjuncture between government on the one hand and "the economy" on the other. For now, we have a tendency to conflate the two, and assume that government is either essential to economic growth (a classic Democrat stance) or inimical to it (a typical Republican approach). A default, or even the threat of one, might expose the degree to which government is one factor among many in the complicated world of economic affairs, and not nearly as powerful a factor as enemies or advocates believe.