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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: TopCat who wrote (685217)11/17/2012 5:05:19 PM
From: combjelly1 Recommendation  Read Replies (1) | Respond to of 1578155
 
Obviously you didn't understand what I wrote.

The difference if pretty big between the two. For one, you are downplaying those other two possibilities. They are very viable strategies when the economy is in distress. You borrow and/or print until the economy starts to increase in a stable fashion, then gradually dial it down. When things are chugging along, you start paying down the deficit. When that gets reasonable, you look at tax cuts and/or more spending.

Traditionally, any time more revenue would trickle in, Congress would spend it. The Democrats leaned towards social programs and infrastructure, in that order. The Republicans leaned towards military and infrastructure, both in that order.

Now though, the Democrats seemed to have learned that they need to wait for their priorities. The Republicans though, want tax cuts and military spending. Look at what happened after the 2000 election, paygo was tossed out and the Republicans threw a party.

What did Romney run on? Amongst other things, throw another party. How would we pay for it? We don't know, it was secret. Which sounded suspiciously like "give me the keys and I will wing it"...