re: #83 lawhawk

As a percentage of GDP, it isn’t a problem.

But if you’re going to treat the debt as a problem, the only way to reduce the debt isn’t by spending cuts. It’s by increasing taxes. There’s no way to reduce the debt that doesn’t involve tax hikes. Even if you claim that you’re going to cut spending and all the money “saved” goes to debt reduction, the reality is that dollars spent by the government have a multiplier effect on the economy, such as each SNAP dollar goes and creates more than a $1. In fact, each $1 billion in SNAP aid creates $1.79 billion in economic activity. Therefore, if you create a budget that is all cuts (which disproportionately affects the poor), you’ll end up screwing up the budget and likely cause a recession in the process.

Kansas.