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Politics : Mainstream Politics and Economics -- Ignore unavailable to you. Want to Upgrade?


To: Steve Lokness who wrote (8278)2/6/2012 5:39:33 PM
From: TimF1 Recommendation  Read Replies (1) | Respond to of 85487
 
Democrats have green projects and republicans have the military, and so on.

The military at least is a core function of government. Developing and marketing energy solutions not so much. Not that it should be immune from budget restraint, but we should have military spending, and at least beyond safety and emission regulations, and basic research, the government should stay out of energy.

It seems to me that to some extent the Republicans have either said no, or at least had no forced upon them in terms of military spending. Its been a declining portion of the federal budget for generations. And the agreement to increase the debt ceiling had half of all trigged spending "reductions" (reductions from the planed baseline, often not real reductions) come from military spending, even though its only 20 percent of all spending.



To: Steve Lokness who wrote (8278)2/6/2012 6:02:31 PM
From: TimF  Read Replies (1) | Respond to of 85487
 
Well not really - because we have been ringing it up on the charge card.

Fears of future fiscal instability, or tax increases to try to reduce the growing deficits an deal with the massive debt, also push down private investment.

Also money lent to the government doesn't get invested privately or lent for private investment.