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re: "Conservatism" has to be more than just a defensive posture
Posted on 4/15/24 at 10:33 am to RogerTheShrubber
Posted on 4/15/24 at 10:33 am to RogerTheShrubber
quote:
This is what Trump proposed he would do to tackle debt, and he did nothing but stack it up.
Growing our economy can help, but it can't be the primary focus.
We have to maintain our GDP while drastically cutting spending (which will, in turn, lower GDP, creating the need for more cuts).
We would need to add trillions to our private-sector GDP immediately just to tackle the deficit (not debt).
3
Posted on 4/15/24 at 10:39 am to SlowFlowPro
quote:
Growing our economy can help, but it can't be the primary focus.
It wasnt going to cover the 18trillion in debt he held at the time.
Trump was "growing the economy" the same way Obama and Joe are "growing the economy" Debt during times of full employment.
Posted on 4/15/24 at 10:44 am to SlowFlowPro
quote:
We have to maintain our GDP while drastically cutting spending (which will, in turn, lower GDP, creating the need for more cuts).
Explain how this achieved with the current makeup of our ever evolving electorate? Sounds like a pipe dream to me, and you wouldn't even discuss going to the root cause of these issues.
Posted on 4/15/24 at 10:50 am to SlowFlowPro
quote:
We have to maintain our GDP while drastically cutting spending (which will, in turn, lower GDP, creating the need for more cuts).
You understand this is paradoxal right? Cut spending and you cut GDP. There’s a reason we calculate economic growth this way. What we really need is to grow the private sector and to stop crowding out new loan growth to small and medium sized businesses. Which is not going to happen.
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