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by 1123581321 5011 days ago
He means that the military engine that keeps us constantly able to fight these wars is expensive. If we did not fight foreign wars, we would have a much smaller military budget. The would mean that federal government spending would be lower, which would reduce the need to revenue. While it is true that the federal government finances part of its huge budget with debt so sudden increases are not immediately felt, they do translate into increased interest payments which must be financed by revenue, and again, there is also the need to pay for the general level of power and readiness to fight between wars.

Now that it's more clear what the poster meant, you should be able to think of something to say.
1 comments
3143 5010 days ago
But even eliminating the wars, spending is higher than revenue. And historically, we can see that the government does not finance its spending with revenue, it does so with borrowing, and it pays back its loans with more borrowing. Lower spending does not reduce taxes, nor does increased spending raise them. To say otherwise is to ignore the facts.
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1123581321 5010 days ago
Yes, the wars contribute to spending but it's not being argued they are the entirety of excess spending.

We do perpetually borrow but our finance charges steadily increase, and not all of that is able to be deferred. The deferral will eventually have to be repaid or there will be an enormous disaster. It's actually worse in the long run than steady expenses.

To use an everyday example, it is similar to saying a laptop is not expensive because it's on a credit card and the credit card payments are financed with another credit card and so on. The laptop eventually costs more for using such a scheme.

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3143 5010 days ago
Sure, but my point was that in the meantime, payments aren't actually higher, which is what was originally asserted. IOW, the average citizen such as myself isn't materially affected by this ballooning debt.
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1123581321 5009 days ago
You're right that during the deferment there isn't much effect. I'm not sure if that's all he was arguing, but of so he's not right.
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