|
Timing is everything. Well, usually.
Here are two things that puzzle me, being the first to admit that I'm not a financial expert.
How can your cut taxes (income) and start a war (expense) at the same time? I asked a Conservative Republican Congressman that last year and he didn't have an answer -- and admitted it in so many words. I'm not all that smart, but it seems obvious to me that you can't keep on spending at record levels and cut back on the amount of money coming in.
Second, since deficit spending is really borrowing, what happens if the lenders decide to collect? That's a highly simplified question that I've heard argued on talk shows and NPR. Isn't that the way some American cities and even some small countries got into serious financial difficulties -- even went bankrupt?
I don't want to pay any more taxes than necessary, but infrastructure and at least some social programs have to be funded.
I personally think the current administrations fiscal policies are dangerous. But, as usual, that's simply an opinion.
__________________
Fraternally,
DeltAlum
DTD
The above is the opinion of the poster which may or may not be based in known facts and does not necessarily reflect the views of Delta Tau Delta or Greek Chat -- but it might.
|
Threaded Mode