ST Alpha - "You do realize that a tax cut without spending cuts is the same as increased spending, right?" (Reading a Post)

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In response to "Serious non-snarky followup: have they indeed proposed increased spending as well? I haven't been following that closely. " by Dr.Vermin

You do realize that a tax cut without spending cuts is the same as increased spending, right?

Posted by Will Hunting (aka JoeMetz) Dec 8 '10, 09:17

in yesterday's discussion, i said 50 budget with 45 income....let's cut that to 42.50....well, see how that harms the budget deficit?

And no, they've not offered 800billion in spending cuts.

Responses:

I don't define "not cut" as "increased", no. - Dr.Vermin Dec 8, 09:22 13
- as we said last night, when you have to increase the deficit, i.e. borrow money to cut taxes, then yes, it's spending money. - Reagen Dec 8, 09:25 12
  - We define 'spend' differently. - Dr.Vermin Dec 8, 09:35 10
    - it pretty much only has one meaning. -- nm - decline Dec 8, 09:38
    - End of the day, if you're talking balanced budgets, using your definition is hiding reality. -- nm - Will Hunting Dec 8, 09:37 6
      - I am conceding that it raises the defecit and is bad for the budget. - Dr.Vermin Dec 8, 09:40 5
        
        define for me, in your opinion, when increasing the debt is bad? - Mel Profit Dec 8, 09:48
        
        If you make $100 a day and you spend $95 a day, that's rational spending. - Beryllium Dec 8, 09:42 3
        
        I understand this logic. - Dr.Vermin Dec 8, 09:44 2
        
        There are several ways to increase spending, is what we're saying. - Beryllium Dec 8, 09:45 1
        
        er, "spending power" is a typo. Should be "buying power". :) -- nm - Beryllium Dec 8, 09:45
    - spending the same amount while earning less money is overspending. Living beyond your means. -- nm - Beryllium Dec 8, 09:37
    - whether you label it "spending" or not, if it has a negative effect on your overall cash flow, it's the same thing. -- nm - znufrii Dec 8, 09:37
  - agreed -- nm - tRuMaN don't need no teaching Dec 8, 09:26
*withdraws 90% of the snark* -- nm - Will Hunting Dec 8, 09:20

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You do realize that a tax cut without spending cuts is the same as increased spending, right?

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