[QUOTE="Renevent42"]
[QUOTE="surrealnumber5"]
youre fine with running debt hell you just defended it in this post. it is not ok to run a debt it is really really bad to do so and it should not be tolerated.surrealnumber5
I never said anywhere I was fine with running a debt, I am in favor of getting back to a surplus and to start paying off our total debt. That particular comment is in reference to how most countries (and even a lot of businesses) are run. They run a debt as it increases the pace at which a country/company can grow. The problem is it's usually done at a certain ratio to total GDP/revenue and we have gone way out of whack with it.
Also, I stated exactly the opposite many times in this thread and agreed entitlement programs need to be cut too. Your argument is starting to degenerate into strawmans and other fallacies...
fallacy, businesses only run in the red when they are A)failing B) reinvesting for future growth, the government does not operate like a business and does not reinvest for future profit. it having a growing debt will only grow the debt faster in the future because of interest. you may try to equate how a business runs and how the government runs all day but it will never work for a slew of reasons. just so you know, it is risky and as a norm unwise for a business to ever take a gamble on planning a year in the red.A business/government leveraging debt is not the same as running in the red. And the governement definetly is setup to leverage debt for growth. Also, check your facts...almost every 1st world country runs with some form of debt...for the explicit reason of growth.
This is going off on a tangent anyways, I never said I supported debt and I never once implied I only wanted to cut the defense budget and say the hell with everything else. I explicitly said otherwise multiple times throughout this conversation.
If you want to keep harping on this line of thought have at it but you are basically just talking to yourself at this point and not arguing against anything I said.
My position is clear:
I want to cut spending in MANY areas of government including defense and entitlements..in addition...I wouldn't be totally unsupportive of some sort of tax increase if need be either. I would of course expect the budget cuts to come first though, if the governement gets serious about addressing our debt problem then I wouldn't mind doing my part either.
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