Quote:
Originally posted by Hank Chinaski
we spend on good stuff that helps. You guys piss it away. Watch the PBS Reagan special where they prove he spent a ton to destroy the USSR and at the same time it rebuilt the economy Carter had ruined. Ty- are there duck and cover drills at your kids schools now? why not?
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Good stuff that helps is in the eye of the beholder.
I think the first question ought to be what do we have to spend, and the second should be what good stuff do we spend it on.
While I'm perfectly willing to do some borrowing to spend, I would limit the borrowing as much as possible to spending on things with prolonged useful lives. I'd like to see a hard limit on government borrowing not secured by specific non-tax revenue streams, perhaps based on a percentage of the total economy or the like.
