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cthulu2016

(10,960 posts)

2. They are additive

Reply to grok (Reply #1)

Wed May 23, 2012, 01:22 PM

May 2012

Increasing taxes is (all things being equal) contractionary.

Cutting spending is (all things being equal) contractionary.

Mandated spending cuts and expiration of tax cuts are both contractionary, hence the CBO's gloomy analysis of the overall effect.

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If the government does not do X, Y, Z we will re-enter recession [View all] cthulu2016 May 2012 OP

won't spending cuts negate the revenue increase? grok May 2012 #1

They are additive cthulu2016 May 2012 #2

so the reverse is best grok May 2012 #3

"sooner or later we run out of money" cthulu2016 May 2012 #4

Tax churches, windfall profits, close corporate tax loopholes, tax the 1%. Budget balanced. Initech May 2012 #5

What would the benefit of balancing the budget be? cthulu2016 May 2012 #6

If we enact Wall Street controls Aerows May 2012 #7

Never forget: Banks stole and were given trillions upon trillions of our dollars. Fire Walk With Me May 2012 #8