Quote:
Originally Posted by Cletus Miller
If you cut spending to below zero (and, obviously, if the government spends zero, then taxes would be zero) then you suddenly have money to pay down the debt. The spending inverts, and becomes income for debt service. And somehow still have a military and medicare. And Congressional pensions. You clearly aren't as smart as Michele if you don't understand how that works.
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Ah, I see. Negative spending. My bad, I should have grasped.
ETA: Of course, negative spending is typically called "taxing."
