2 ms·
That's fair. I should have been more precise... There's little evidence we need to have a totally balanced budget every year. Current spending levels are like
by alistairSH 1y ago
That's fair. I should have been more precise... There's little evidence we need to have a totally balanced budget every year. Current spending levels are likely unsustainable. Either way, we still can't balance the budget by only cutting discretionary spending - any serious discussion of a balanced budget MUST include the revenue side, plus possible changes to the social contract (IE, all the programs that just about everybody wants to keep).