SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (68402)4/25/2018 7:23:47 PM
From: combjelly  Read Replies (1) | Respond to of 358618
 
Its not a comparative statement.

Actually it is. I suppose you could argue that there is some "natural tax rate" that is just based on what, I am not sure. But you would have to make that case.

I didn't say it was easy. What is easy is bitching and moaning. If it is really important, then action is all that matter. The Republicans typically bitch and moan about deficits and the debt when they don't have the power to do anything about it. When they do have the power, they increase spending and then cut taxes. And then act surprised when the debt explodes. It has to be an act because there is no way they didn't know what would happen. Now it might, just might, be credible if that particular combination had never been tried before. Say under Reagan. But it was immediately clear that, just as ones who weren't sticking pins in dolls and dancing around the fire waving rattles predicted, both the debt and deficits exploded. Expressing shock and surprise, they decided to repeat the experiment several times in the intervening decades. And exactly the same thing happened.

Every.

Time.

They.

Tried.

Darth Cheney let the cat out of the bag, though. His quote

You know, Paul, Reagan proved that deficits don't matter. We won the mid-term elections, this is our due.

Said it all. They were only posturing for the homies. Deficits are fine. Just as long as they and theirs get to line their pockets at the expense of everyone else.