Sadly, all the time spent deferring reality ends up hurting a lot of bystanders. The debt they've run up is going to be painful, maybe moreso than the damages incurred from the anti-science and anti-transparency policies.

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vkou 2 days ago | parent | next [-]

The debt would be less painful if the pricks that were responsible for this mess would be billed for the consequences of their poor king-making.

We can start with whomever showed up to that inauguration, and expand from there. If they could afford that bribe, they can certainly afford to pay for repairing the damage their golden boy has caused.

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brookst 2 days ago | parent [-]

And/or if the debt was for something useful. There’s nothing wrong with running up massive low-interest debt if it’s invested in high-return projects. I’ll borrow every cent anyone will lend me at 2% if there’s a 4% savings account handy, and that’s the leverage the US used to enjoy.

But just cutting taxes for the rich is not that model.

Hopefully sanity prevails and we retroactively declare those tax cuts as loans, now due with interest. Yeah, not how contracts are supposed to work. So what.

	▲	ligne 2 days ago \| parent [-]
		As we discovered to our cost here in the UK a few years ago, increasing government debt to give tax breaks to the rich doesn't just cause huge economic damage, it also makes it difficult for more responsible governments to borrow for actual investment, however critical.

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redsocksfan45 2 days ago | parent | prev [-]

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