re: #254 Rightwingconspirator
Where I disagree with you is where when revenues go up and safety nets (along with other spending) increases run into that point where revenues decline as they must from time to time.
If spending can not adjust accordingly, then servicing the debt eats monies otherwise available for safety nets etc. If I read you right you are saying safety net spending can never be reduced only maintained or expanded. Debt has consequences proportionate to the size of the debt.
money doesn’t disappear when governments spend it
economies prosper when money moves around quickly, not when budgets are balanced