Reply to Trump layoffs of fed workers will fundamentally change DC

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[quote=Anonymous][quote=Anonymous]

When has austerity ever been anything but disastrous for a country, O student of history?

Answer: never.  It is not the answer and not a solution.[/quote]

I didn’t think my comment was unpleasant. Not sure why we’re slipping in that direction.

Austerity has a time and place. Spending cuts have a lower impact on GDP in relation to tax increases.

Both will hurt the economy but eventually not as much as an ever increasing portion of the budget allocated to interest payments on debt.

Both tax and cut are necessary. Suggesting that we can gov spend our way to an increased GDP that will pay for those programs in increased tax revenue without altering tax policy is no different than the age old Republican fallacy that tax cuts will pay for themselves.

Everyone is going to need to bleed to avoid hoisting our cost of growth on to future generations.

I understand that it’s not particularly palatable to many people who benefit from government programs and their virtuous guardians but empathy on the micro level shouldn’t cloud judgement on the macro level.

The American bottom 10% live a higher quality of life than any nation’s poor in human history save for modern Scandinavia, a bit of an unfair comparison. The rich will feel it less even with heavy tax increases at the top and it stings knowing we’ll still see them choppering to yachts in the med.

The approach and the legality of this administrations playbook aside. I fail to see why a dinosaur federal government that is slow to adopt innovation, is consistently wasteful, and gifts taxpayer dollars to charitable causes outside the nation while in debt isn’t worth curbing. Especially if it’s the will of the (however slim) majority of people who pay those taxes.

I’m assuming you started the austerity thread. I should have put this there. Apologies to those looking for the DC juice.

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