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In response to
"I am conceding that it raises the defecit and is bad for the budget. "
by
Dr.Vermin
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define for me, in your opinion, when increasing the debt is bad?
Posted by
Mel Profit (aka Mel Profit)
Dec 8 '10, 09:48
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because I think you just said, in this case with the Tax cut it's not bad. So my question is...is it not bad when it's given in terms of tax breaks? How about universal health care? How about extra-funded wars?
What I'm getting at, although I still would like to hear your answers, is that there seems to be selective cries of "DEBT Reduction!" based on what the spending is for.
I find all this yammering about Debt fairly disingenuous. No one had problems with profligate spending when it was aggressive military spending but spend some to prop up under water mortgages and people go batshit nuts and form a, "Where's Mine!?" 3rd party.
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