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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Halls of Shrewd'm / US Policy
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Author: bighairymike   😊 😞
Number: of 84359 
Subject: Re: How Deficits Work...
Date: 05/22/23 11:22 PM
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No. of Recommendations: 1
We need more revenues - 1pg

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Take in a new dollar, spend that new dollar plus another dime. This is not the road to prosperity. Like I said earlier, I have no problem with new revenue so long as it is accompanied with iron clad caps on spending growth at a level less than revenue growth with the difference going toward debt reduction, not new programs. Want a new program, fine, cancel or cutback on an old one. Not every good idea needs to be funded when we have to borrow money from China to do it.

How about clawing back all the unspent Covid relief money. Billions were allocated to upgrade and replace the HVAC system in all the schools in the country. Not sure that work was ever started to any appreciable degree but it certainly was not even close to completed. Budget it for one thing and spend it on another has to stop.
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This community has written 84,309 posts about US Policy. The article-length ones it recommended most:
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