Mac1958
Diamond Member
- Dec 8, 2011
- 117,415
- 112,171
Yes, theory, as I said.When the Republican Party begins demonstrating REAL fiscal responsibility, you can try to make your case.First, the GOP, despite its shallow libertarian droning about small government, spends like a 16 year old girl with Daddy's Gold Card. At least the Democrats are fiscally responsible enough to tax for the proceeds to use. You spend your way out of a financial catastrophe, as Obama was forced to do. You don't explode budgets in a period of growth, as Trump did.
Second, in any given economic system, there will always be individuals who are naturally, organically equipped to prosper significantly more within that system, and individuals who are not. An intelligent, prosperous, civilized society knows that you don't extravagantly reward only that select few and leave the rest to struggle. All that will inevitably lead to is...
....third, to steal a line from another poster, a smart socio-economic policy is valuable insurance against social revolution. The masses are human, and will only put up with increasing wealth disparity and income disparity for so long. At some point they will react, and when they do, it's human nature to over-react. The people below the top 5% vote, and they are paying attention.
Libertarian theory is fun 'n stuff, it has value as a general guardrail, but it's not realistic in the long run.
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Democrats tax for the receipts?
No they don't, they may talk about it, but then the balless republicans talk about cuts also. Democrats are the least responsible people I know.
Until then, all you have is vague economic theory and platitudes.
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Sound economic theory doesn't depend on what Republican politicians do
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