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It's All Politics
Trump and the G.O.P. Confirm Their Fiscal Conservatism Was a Sham
submitted 4 years ago by dcjogger from newyorker.com
[–]Chipit 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 1 fun3 insightful - 2 fun - 4 years ago (0 children)
The democrats won the argument. They should celebrate. You know how hard it is to persuade people? The Democrats pulled it off, and we should all tip our hats to them.
Why should the Republicans pay down the debt, when the next Democratic administration, which is coming at some point, is just going to spend like a drunken sailor? Better to spend now and gain the benefit. This has been the Democrats modus operandi for a long time, and they have won the argument and the GOP lost. Congratulations are in order.
[–]dcjogger[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 4 years ago (0 children)
Maybe the debt will be paid off by illegal immigrants, technology, a zero percent tax rate, or magic fairy dust, but the reality is that the US debt is increasing constantly, no one cares, and spending more money to reduce the debt will only lead to disaster.
Debt didn’t work out too well for Rome, Germany, Japan, Greece, or Zimbabwe.
Those who fail to learn from history are doomed to repeat it.
https://www.godlikeproductions.com
[–]Chipit 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 1 fun3 insightful - 2 fun - (0 children)
[–]dcjogger[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (0 children)