I think Icahn was talking about infrastructure, defense, stuff like that; not do nothing lefty employees. I also think he’s saying the economy is so bad that interest rate hikes will kill equities while providing no place to go.
Mostly when I hear "Spend More!" it's generally for more government programs which pretty much just enrich the Government Employee/Lobbyist power blocks.
Maybe he means something different, but nowadays I don't trust anyone saying we need to spend more.
Oboondoggle has been spending money as if he had actually earned any of it as opposed to being a parasite all his life.
But we’ve been ‘deficit spending’ for almost half a century and are where we are now.