Well that’s what they say they are doing but it’s still not flawed. If I wanted to pay off my debt effectively and quickly I’d get a better job AND reduce my spending. So higher taxes (preferably on the rich) and reduce spending (preferably on non essentials like the military overspending)
All I’m saying is as my parents let’s say you would question my decisions if I did what you suggest, cut my hours but cut my spending MORE. That would be kinda sus.
That’s a much more logical approach, and I think the argument makes it pretty clear that fixing the deficit is not in Republican interests, it’s just lip service. Which is a big problem since the deficit could destroy the economy in the near future.
They have to worry that higher taxes will cause the economy to slow down. Some economists think this is bullshit, and it probably is. But the wealthy will definitely find tax havens and bring their money there, wherever it is in the world. Look at Switzerland.
The problem is that the economy slowing down is the consequence of their bad budgeting. We can’t get out of the deficit without consequences.
However, the American consumer ultimately is a market for things, so whether or not that market is expensive or cheap, it’s worth being in the market.
The USA also controls its currency and its border. We can tax in ways that no other country can. We can just say, no, you can’t take your USA currency to overseas banks as a us citizen. And if you sell it to buy gold or something, that’s capital gains.
Oh I agree. Also some of these programs are pretty important. And even the less important ones exist for a reason. I’m not necessarily against trimming the fat but it should be given more consideration than “CLOSE ALL THE THINGS!!”
Well that’s what they say they are doing but it’s still not flawed. If I wanted to pay off my debt effectively and quickly I’d get a better job AND reduce my spending. So higher taxes (preferably on the rich) and reduce spending (preferably on non essentials like the military overspending)
All I’m saying is as my parents let’s say you would question my decisions if I did what you suggest, cut my hours but cut my spending MORE. That would be kinda sus.
That’s a much more logical approach, and I think the argument makes it pretty clear that fixing the deficit is not in Republican interests, it’s just lip service. Which is a big problem since the deficit could destroy the economy in the near future.
They have to worry that higher taxes will cause the economy to slow down. Some economists think this is bullshit, and it probably is. But the wealthy will definitely find tax havens and bring their money there, wherever it is in the world. Look at Switzerland.
The problem is that the economy slowing down is the consequence of their bad budgeting. We can’t get out of the deficit without consequences.
However, the American consumer ultimately is a market for things, so whether or not that market is expensive or cheap, it’s worth being in the market.
The USA also controls its currency and its border. We can tax in ways that no other country can. We can just say, no, you can’t take your USA currency to overseas banks as a us citizen. And if you sell it to buy gold or something, that’s capital gains.
Let’s do it.
Oh I agree. Also some of these programs are pretty important. And even the less important ones exist for a reason. I’m not necessarily against trimming the fat but it should be given more consideration than “CLOSE ALL THE THINGS!!”