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> Moving the goalposts Grew rapidly must equal responsible for every penny because we are moving goal posts around.. The US brought its budget under control wh
by snailmailstare 2y ago
> Moving the goalposts
Grew rapidly must equal responsible for every penny because we are moving goal posts around.. The US brought its budget under control when Bill Clinton dodged meaningless conflicts and it spends most of its money on costs like the VA being raised for decades into peace time. Naturally it can spend into a deficit in peace, the Republicans make a game of intentionally flushing money down the toilet with war to try to avoid social spending, but social spending can be an investment while an investment in Afghanistan would have been a war crime.
Further book value is not nonsensical for international finance, it is hard to measure for a country but building civil infrastructure via loans is obviously raising a value that will pay dividends, if you do it in your own country..