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We should bring back surpluses in the good times. If you are the head of a country and you are proclaiming that the economy is "the greatest ever" then you shou
by blitzar 1y ago
We should bring back surpluses in the good times. If you are the head of a country and you are proclaiming that the economy is "the greatest ever" then you should be running a balanced / surplus budget.
If the economy is in the shitter you are perfectly entitled to run a deficit.
- sethammons 1y agoCan the down voters help me understand the downvotes? The argument seems cogent. Doing good? Pay down debts. Need a boost? Invest and incur debt. Where is the flaw?
- mindslight 1y agoIt makes nobody happy - people who think deficits are bad, people who think continual deficits are good, people with no trust in politicians to do the right thing.