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Originally Posted by mcsluggo
so... what would you say is the analogous "alchoholism" to the US-Govt's "low fruit diet" deficit/debt problems?
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i was thinking monetary policy, but now that I think a tad more this metaphor infringes upon my preferred metaphor where the drug is power and our monetary policy is a key enabler of the habit.
at any rate....
We've seen first hand and recently what happens when budget gets balanced....we get a whole host of politicians who spend more and tax less. this is no surprise what with human natue being human nature and all....
the promise "i'll take more of your money and give you less goodies" is never as palatable as the promise to "take less money and give you more stuff". hence, deficit spending will always win out. (keynes, bless his little socialist heart, must have thought too highly of politicians and voters)
anyhoo....i guess i'd be a fiscal conservative (in the balanced budget sense) if being one wasn't a complete waste of time.