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A comment on Infographic - US National Debt. Parent comment

Re:Infographic - US National Debt by wisty on Wednesday July 27, 2011 @05:38AM (#2811468)
OK, it might have been an objectively bad response (economists will probably argue for decades on this, and still not agree), but it's still a pretty good excuse. Just like 9/11 can be used to excuse Bush's military spending (or at least, some of it).

Both are black swan events. The real damage is done by things like tax cuts, structural spending increases, and social security, as they are much more structural.

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Re:Infographic - US National Debt by anonymoushn on Wednesday July 27, 2011 @07:39AM (#2811693)
Oh, certainly. I remain confused as to why we would cut payroll tax by 2% while running deficits of 10% of GDP, or extend any portion of Bush's tax cuts, or refuse to discuss cuts to entitlement programs when our tax revenue is not enough to pay for entitlement programs, payments on the national debt, and the IRS.
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