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Reply #6: I don't think a household is a good analogy. [View All]

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Brucey Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-30-03 11:02 AM
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6. I don't think a household is a good analogy.
We need to run a society in an interdependent world. Taxes are our income. Who wants a cut in income? Spending is on us, unlike a family that spends on outside goods and services. We can spend, that is, give money to people in our society, and that will generate more income, and the money will be spent (if it isn't all given to the rich who already have enough to meet all their spending desires), and will result in more spending and income. Deficits aren't all bad, if the spending is done reasonably. Saving is not all good, either. Clinton had a pretty good mix of things. Lots of people would be willing to pay higher taxes if we got health care, more jobs, better schools, less traffic congestion, higher quality living conditions, etc.
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