07-23-2019, 08:46 PM
** 23-Jul-2019 Deficits
Lol! This is the totally delusional left wing view of cutting
deficits.
It's the mirror image of the equally delusional right wing view that
cutting taxes cuts deficits.
Both the left and the right are totally, completely delusional about
almost everything have to do with economics. They just have different
delusions.
(07-23-2019, 12:58 PM)David Horn Wrote: > In good times, deficits should be at or even below zero, so
> getting there means raising taxes in a meaningful way and cutting
> spending. Spending cuts do not have to be, and actually should
> not be, to social programs, since underfunding them merely shifts
> costs elsewhere to cover the blowback. For example,
> undernourished people are more likely to get sick. The homeless
> likewise, plus they are often a risk to themselves and others.
> The defense budget, on the other hand, is so bloated that the size
> of the bloat can't even be determined. Whack off $100 Billion,
> and see if it makes a difference. If not, repeat until it does.
>
Lol! This is the totally delusional left wing view of cutting
deficits.
It's the mirror image of the equally delusional right wing view that
cutting taxes cuts deficits.
Both the left and the right are totally, completely delusional about
almost everything have to do with economics. They just have different
delusions.
