youthathletics wrote: ↑Fri Dec 10, 2021 9:25 am
You clearly did not listen to it. As someone who claims to be a fiscal conservative, to find fault in his argument....implies you are not who you say you are. Either that....or you just like to pick nits.
sorry, as I said, he lost me from the get go...I'm not wasting my time with a political blowhard, no-nothing.
Hyperbole just doesn't deserve attention.
And you didn't bother to respond to my question. Please do.
And respond to this:
https://www.marketwatch.com/story/house ... =home-page
But to your comment re fiscal conservative, I'm less concerned about the stimulative effect of all those COVID dollars in the crisis environment we were in, and the after effects of such than I would be if the structural components of our economy weren't actually so strong.
By contrast, I thought the stimulative effects of the huge tax cuts in 2017 coupled with the big increases in defense spending, were not needed for the already very strong economy. Drove a big sugar high that we really didn't need and left a big deficit for little benefit. Inequality expanded dramatically as well.
As a fiscal conservative, I'm most concerned about the planned investments over the next 5+ years in these bills, both the hard infrastructure and the 'soft' under consideration, being invested wisely. It won't get spent all at once, so I see them as creating an ongoing base driver...but they darn well need to increase productivity, else they're gonna just be 'sugar'...
What I like about them, though, is that they're designed, primarily, to drive productivity, with more benefit to working class, and to accelerate conversion to cleaner, cheaper energy. I think that'll pay decades long dividends.
My greatest concern is that we won't invest in driving worldwide competitive advantage, in an increasingly competitive world environment, especially with the challenge from China...so, I want us to commit long term, and big. We've failed to do so over past multiple decades, been complacent.
I'm more concerned about people pressing to simply spend $ faster...I'd rather see the various investments get spread out, be thoroughly vetted, be well planned, well run...and that's not easy nor fast.