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Political Discussion
Reply to ""Damn Right Amazon Runs a Fucking Deficit and So Should America""
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Government could probably run a 1-2% deficit in perpetuity. [/quote] My cat could probably fly in perpetuity, after one good jump.[/quote] If the economy grows at a 3-5% clip and the deficit is 1-2% of GDP ... the debt/GDP ratio will constantly be shrinking. Now running deficits to fund operating costs is foolishness -- [b]too many people want the goodies government provides but are unwilling to pay the taxes[/b].[/quote] The people who want the goodies are not the ones paying taxes. [/quote] If tax breaks count as goodies ... we give out way more to the rich than the poor. Yet $10 billion of unnecessary defense spending elicits a "meh" among most Tea Party types except the hyper-libertarians ... $100 million given to the poor elicits outrage. [/quote]
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