Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: i-node who wrote (312674)	12/5/2024 8:33:22 PM
From: combjelly	1 Recommendation Recommended By CentralParkRanger Respond to of 363064

>> See, a tax cut without a cut in spending, is just another form of deficit spending. That is a non sequitur, since tax cuts can result in smaller deficits, or larger deficits. And there you go with your fan dance. You just plowed through the "without a cut in spending" so you can go and mount your hobby horse. Please. You might have fooled yourself that makes sense, but it doesn't. We have no idea if that is true or not. You are just guessing. Since no one has ever cut taxes in a revenue neutral way, you are yet again stating something with confidence that there is no evidence of. Sure, you can argue that it could happen and make a compelling argument. But a compelling argument doesn't butter any crumpets... Or something. What you claim as a fact has never been tested and shown to actually work. "It is common sense" is not how you set economic policy for anything bigger than a garden club. With the evidence we have, tax cuts always result in larger deficits. It has happened every time it has been tried. When revenues went up, they never resulted in a decline in the debt. Not a single time. At least not when you look at the actual numbers and not the ones you wish were there.