I don't really view it as a problem that way,
it's basically figure out how much you need to spend for what you need (which is obviously a political debate, but the mechanics should be recognized), then set taxes accordingly. We need public infrastructure and R&D spending in a coherent way, healthcare sucks, those are my two big things I don't like either party on really but hard lean D on those because Rs don't even speak to it that way (need for public investment.) But my main point above is this inflation spike that could last is more about cost push x de-globalization x a long period of housing and college exploding and a fucked health care system. It could be ameliorated med/long term I think but won't be with the interests at play, partisanship, etc
EDIT: or maybe I do actually view it that way, your right the shit should generally balance that way, though in the case of the US that is at a big deficit vs "balanced budget"
[Post edited by hoodeyo at 05/19/2022 2:26PM]
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In response to this post by Los Angeles Hoo)
Posted: 05/19/2022 at 2:20PM