re: #364 Mich-again

The problem with that theory is that if you did somehow find a way to balance the budget tomorrow, it would mean millions of people would be tossed out of work and their loans would default and they would be on unemployment insurance and then all of a sudden the budget wouldn’t be balanced anymore and it would result in a race to the bottom for spending.

Their theory is predicated on the belief that they can’t allow tax increases in balancing the budget, because then politicians would just raise taxes in order to cover new spending, meaning taxes would just keep going up. Not only is this a laugh when their cut-only plan is sold on the “spend only what you can afford” bit, but because they always sell their “balanced budgets” alongside tax cuts by claiming that the cuts will either be “revenue neutral” or even raise more money through “increased revenue.”