Remix clone Hacker News

new | show | ask | jobs Github

	▲	digitaltrees 2 hours ago
		The window is still pretty large. Raising taxes at low to moderate levels would be sufficient to close the gap and restore confidence in debt without slowing the economy. The problem is that every time democrats make progress republicans pass massive tax cuts. Four successive republican administrations have passed massive tax cuts. Trump alone is responsible for 30% of all debt. The problem is that voters punish anyone who raise taxes. The first bush lost reelection because he broke his “read my lips no new taxes promise” when he was actually trying to behave responsibly.
	▲	exceptione an hour ago \| parent [-]
		`> The window is still pretty large. Raising taxes at low to moderate levels would be sufficient` Agreed, short term there is. But tax=theft narratives and other cultural beliefs are real obstacles. `> The problem is that every time democrats make progress republicans pass massive tax cuts. Four successive republican administrations have passed massive tax cuts. Trump alone is responsible for 30% of all debt.` True, but people won't believe you if you would tell them, or they will ignore it. Furthermore, the dems don't own the media, including the 'liberal media'. I expect blame games and victim-playing turned to the max on news stations after any change of guards. What doesn't help too is that every politician has to literally buy their seat, so sponsors have ultimately more power than the electorate.