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Rich how? What's the budget deficit again?
by LunaSea 10mo ago
Rich how? What's the budget deficit again?
- raw_anon_1111 10mo agoBut yet we find money for the largest military in the world - and much of that goes to military equipment and bases that military leaders say they don’t need and for tax cuts. How much money do you think it would take to fund the shortfall for every rural fire department?
- acdha 10mo agoDeficits are a policy choice, not an inevitability. The budget was balanced at the turn of the century but Republicans under G. W. Bush decided that meant they could cut taxes, especially for the rich. They did that again for both Trump terms, before COVID. Unlike the financial crisis or pandemic, there was no emergency driving those decisions and the massive debt increases were entirely voluntary.