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brightball a day ago

We have nearly doubled the federal budget over 10 years. It is a spending problem and a spending problem alone.

https://news.ycombinator.com/item?id=48633650

roughly a day ago | parent [-]

This presumes that federal spending is a bad thing.

brightball a day ago | parent [-]

Spending more than you have is bad. Inflating the currency making everyone poorer to pay for it is worse.

This is basic economics.

Yes, excessive federal spending is bad.

doxeddaily 11 hours ago | parent | next [-]

I'm with you, these people you are arguing with just want to spend us into oblivion. If people think we've had high inflation up until now well... we are just getting started.

roughly 19 hours ago | parent | prev [-]

“Spending more than you have” is an equation with two terms in it, and that is my entire point. You’re focusing on the one term, I’m focusing on the other. Do you have a reason for saying the current amount of spending is bad other than that it’s not adequately covered by tax revenue?