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Topic"Democrats and the Deficit Con"
ElatedVenusaur
04/23/18 8:40:22 PM
#11:


I do think there's a good argument that the U.S. has an unique ability to leverage deficit spending, given the status of its currency as the global standard and the lack of reliable alternatives. That could change, of course, but at the moment, that's unforseeable, barring a(n artificially created) default.
Nonetheless, it's obvious there will be significant resistance to a program that ignored the deficit in pursuit of progressive policy goals in a way you did not and would never see towards something like the recent Republican tax cuts. At the same time, simply balancing the budget is simply not a winner at the ballot box. Nor does it address the many(IMO more pressing) issues facing our country.
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