Quantum Windbag
Gold Member
- May 9, 2010
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- #161
A genuine fiscal conservative would say,
we're not cutting taxes without simultaneous spending cuts. A genuine fiscal conservative would not let the tax cut zealots play the old con game of promising that spending cuts are coming, someday, sometime,
but in the meantime let's cut taxes.
What the fuck have I posted that makes you think I am a anything other than a genuine windbag? Not being restricted by anyone else's definitions of me or my beliefs I can honestly point out that the only thing, repeat the only thing, that increases the deficit is spending money that does not exist.
And cutting taxes decreases the amount of money that exists, so if that formerly existent money was paying for something, and you cut it, then that something is no longer paid for.
Therefore anyone advocating for cutting taxes without cutting spending is advocating an action that is, mathematically,
no different than someone who is advocating increased spending without increasing taxes.
How does cutting taxes reduce the money that exists? Does that mean that raising taxes increases the money supply? If it does, why does the fed have to print more money to make QEII work? all that would be necessary to stabilize the economy would be to allow the Busch tax cuts expire for everyone, and this would, somehow, magically increase the supply of money.
By the way, I will bet that you cannot find anywhere where I either advocated tax cuts, or not cutting spending to meet the reduced revenue.