The Soapbox

WahooRQ

Joined: 04/30/2006 Posts: 44695
Likes: 60789


The main "problem" if you will is a never-ending structural deficit that


ultimately will make the debt too much to manage. That certainly does not call for some idiotic balanced budget amendment that would cripple our ability to respond to short-term crises or recessions, but it is the consequence of political cowardice. Of course, a few more tax cuts should lead to so much economic growth that tax revenue even at 1% across the board will pay for it all!

I know, I know. A real Laffer, that one.

(In response to this post by fphoo)

Posted: 04/13/2018 at 5:43PM



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Current Thread:
  Balanced budget = tax increases ** -- 111Balz 04/13/2018 9:19PM
  It's stupid and pointless flag waiving -- Beerman 04/13/2018 5:06PM

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