Originally Posted by
LUVisLost
I have heard this crap from one side every time a D gets elected. Every single time...Clinton I heard it Obama I heard it. Strangely the debt always increased more under W and T than under the other two but then all I heard was crickets, somehow deficits don’t matter when a R is in charge but when a D is in charge OMG we have problems. The 2017 tax cuts will cost more than the stimulus bill yet everyone on the right cheered that one on. To quote Dick Cheney, and I loathe that guy, deficits don’t matter. They don’t. The US economy is not like your home finances. It never has been and never will be. The fact of the matter is our debt has gone up every year yet we are still more productive and GDP keeps growing in spite of it all. (COVID years excluded). Your outdated economic theory has been debunked just like supply side (voodoo) economics was debunked.
You are a pilot, you are not an economist. You have no idea how the economy works on the macro scale. Guys that dedicate their entire lives to economics have a difficult time understanding it why should we think you have a better understanding of it. Oh yeah you are a gear slinger on a 1960s jet so of course you know better than a guy with a PHD in macro economics and has spent 40 years knee deep in it.
Do you bid straight time worth less than contractual rigs by chance