[quote=briansd1][quote=harvey]
I’m just saying that right now might not be the best time to suddenly cut spending and taxes.
[/quote]
The consensus among economists is that, right now, is the time for government to spend and invest.
It all depends on the economic cycle, just like in your own life, it depends what age you are.
The key here is that economists (and Harvey and I) are advocating being flexible, looking at the data, and coming up with solutions that work for our current economic situation.
Ideological orthodoxy is just plain stupid when the context is completely ignored. A certain side is parroting the same arguments, no matter whether the economy is booming or in stagnation. It’s the same thing as saying “buy real estate no matter when.”[/quote]
Ideological orthodoxy such as “The rich don’t pay their fair share”? You and Harvy have been yammering on about that for weeks now without ever bothering to admit that the real problem is the spending that has been out of control for decades, and has ramped up considerably since 2008. The two of you have absolutely no flexibility unless Obama tells you to.