Originally Posted by Jim in CT
I also look at things through the lens of common sense.
Progressives don't look through that lens. Common sense is too mundane and unschooled. It misses the intricacies that intellectuals, technocracts, and various "experts" create.
And as a result, one of my convictions is that you can't spend more than there is. Spence works in finance (I'm told), so he must also know this. Yet he pretends not to believe that when a Democrat endorses spending more than there is. And that's what I don't get.
Progressives have latched on to their version of Keynesianism in which government spending does create more than there is.
Detbuch, this particular argument isn't about political ideology...it's about 5th grade arithmetic. If a kid's lemonade stand has to borrow 20 years' of revenue to make one years' worth of lemonade, then a child knows you don't open up the stand.
It's. That. Simple.
Political ideology is at the heart of progressive government spending, and of looking at it beyond 5th grade arithmetic. Progressives either truly believe, or they want to believe, in the complexity of high government finance as separate from market finance. In their most innocuous beliefs, they see government regulation of the market and gvt. spending as beneficial to the market. As they progress to more mischievious behavior, they also see it, and taxation, etc., as a means to redistribute wealth. And the more the market can be controlled, even replaced by nationalization, which is the
direction of hard-line progressives, the better it is for society. How else can you explain the amassing of unsustainable debt? Spence has said several times that gvt. merely needs to be more responsible. Progressives ARE, in their minds, acting responsibly in their profligate spending. And any crises that may happen due to spending, or anything else, just give them more justification and power to "fix" them in their own, illimitable way.
Senator #^&#^&#^&#^& Durbin of Illinois is the #2 ranking Democrat in the senate. This week, he said we don't need to address Social Security in these fiscal talks, since Social Security isn't adding to our deficit.
And my side loses to these people. Sen Durbin practically runs un-opposed. He says things this stupid, and he gets re-elected again and again.
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