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The party of smaller government

Treasury Secretary asks congress to raise the debt ceiling.

6 Responses to “The party of smaller government”

  1. rickn8or Says:

    It’s not like they have much of a choice; it’s sort of like having to take a second mortgage because your college-kid has run amok with the Visa.

    But I’m sure the Dems are going to be posturing about this nonetheless.

  2. Lyle Says:

    Dear Government,

    No. If you want more revenue to waste and to buy votes and act important, then lower taxes. Lower them a lot.

    We are way, way out on the wrong end of the Laffer Curve. Raise money by lowering taxes. That’s how it works and you know it.

    But I know you’re not really interested in that because you don’t want to see us prosper. That would make you relatively less powerful, as we regular (icky) citizens would rise in prosperity and capability, and growing in confidence we wouldn’t so easily fooled.

    Sincerely,
    Lyle

  3. Patrick Says:

    As an owner of a small business that has sold stuff to government contractors, I for one think they should pay their bills. I have invoices outstanding more than 120 days right now.

    Agreeing to raise the debt ceiling is just that – agreeing to pay for things already purchased.

    Pretend you were a home builder. Not raising the ceiling would be like your customer telling you – after you installed the kitchen that the customer and his bank said they could afford – that you should be stuck with the bill for his kitchen because he asked the bank to not pay you. Because he realized he spends too much, so fuck you.

    Lowering EXPENSES is the problem. Fucking over good people who did the gubbermint asked is not the way out.

    And as for what I sell – it shouldn’t matter. But it does, to all the right people.

  4. Patrick Says:

    @Lyle: nothing you said opposes the idea of paying for things already purchased. Your points don’t weaken when Uncle Sam pays for things he already purchased.

    Yes, expenses are high and growing. Medicare/Medicaid will be 75% of the budget in ten years. Needs fixing, fast.

    But the path to solvency isn’t stiffing old bills, it’s lowering future ones.

  5. Michael Says:

    Mnuchin is a life long Dem, with long support for the Dems, and hired by a Pres who supports the bailouts, and spent most of his life supporting Dems. If you were actually expecting Rand Paul, you’ve been conned.

    The fact that Mnuchin is asking for this, and not demanding any kind of corresponding cuts, make sure it clear we just got some more typical Tax and Spend Dems running things.

    Good going, primary voters.

  6. Publius Says:

    No. They have spent far too much money already, it’s time to put the credit card through the shredder and be an adult. The solution to a debt problem is paying it off, not more debt.

Remember, I do this to entertain me, not you.

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