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The reason that the US govt can run deficits is because

Posted on: April 26, 2017 at 08:54:08 CT
ummmm MU
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lenders are willing to let the US govt borrow money because the US govt has the power to tax (i.e. steal) to repay the loans.

Taxes come first. That is the problem.
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If we are going to tax pass through income at 15% - DevilsAdvocate MU - 4/26 07:59:34
     the end game should be 0% for everyone.(nm) - SuperTone MU - 4/26 08:17:05
          That was long ago...(nm) - DevilsAdvocate MU - 4/26 08:41:20
     Tax, schmax, the real issue is spending. And - GA Tiger MU - 4/26 08:01:34
          Start with psycho meds and israel funding - JayHoaxH8r MU - 4/26 08:26:18
          And a good article on just that. - GA Tiger MU - 4/26 08:11:52
          You keep getting it backwards - pickle MU - 4/26 08:06:02
               Nope. Got it backwards again. If that were true, then - GA Tiger MU - 4/26 08:12:57
                    The reason that the US govt can run deficits is because - ummmm MU - 4/26 08:54:08
                         Then you must make an argument that gov't should - GA Tiger MU - 4/26 10:28:20
                              Yes, correct. (nm) - ummmm MU - 4/26 10:29:37
                                   Can I assume you would take it another step - GA Tiger MU - 4/26 10:32:14
                                        No, but for the very, very, very few govt employees - ummmm MU - 4/26 12:00:35
                                             So no armed forces then?(nm) - GA Tiger MU - 4/26 12:43:34
                    Oh, dear (nm) - pickle MU - 4/26 08:18:21




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