Re:Why Markets Boomed in a Year of Human Misery
by atombender on Saturday January 02, 2021 @01:57PM
(#25615345)
Taxes can only be increased for the following tax year, so how would this have helped in March?
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Re:Why Markets Boomed in a Year of Human Misery
by wutbrodo on Saturday January 02, 2021 @02:00PM
(#25615361)
I don't think he literally meant don't use debt as a vehicle; that's not really how government finances work IIUC. The suggestion is tying a funding source to new spending instead of taking on an unfunded liability. Carrying a year of interest at current rates is irrelevant.