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What is greatest contributor to our deficit?

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  • Mom and Dad loved Kuci more HC.
    I make no bones about my moral support for [terrorist] organizations. - chegitz guevara
    For those who aspire to live in a high cost, high tax, big government place, our nation and the world offers plenty of options. Vermont, Canada and Venezuela all offer you the opportunity to live in the socialist, big government paradise you long for. –Senator Rubio

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    • Presumably your nanny didn't teach you sarcasm as well as Kuci's.
      In Soviet Russia, Fake borises YOU.

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        • me = self-pwned

          If there is no sound in space, how come you can hear the lasers?
          ){ :|:& };:

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          • Originally posted by Kuciwalker View Post
            Yes. So? Obviously, in certain areas we expect one problem to be larger than the other.
            Of course. Everyone has their preferences in regards to when and where government steps in and runs portions of people's lives. It's not as simple as "people make the best choices for themselves".

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            • No, that does not follow. The agency problem of an individual wrt himself is 0. The agency problem of the gov't wrt the same individual > 0. So we let the individual choose.

              (Alternately, you can concede that some individuals do have an agency problem wrt themselves, but it is still almost universally less than the gov't's).

              The agency problem of a parent wrt his child is > 0, and most importantly is (for some people) very large. The agency problem of the gov't wrt the same child > 0, but most importantly (for some people) it is much smaller than the other problem. So, we let the gov't choose.

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              • Why are you bothering to discuss this seriously with aeson? He's disingenuous to the extreme.
                12-17-10 Mohamed Bouazizi NEVER FORGET
                Stadtluft Macht Frei
                Killing it is the new killing it
                Ultima Ratio Regum

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                • OK, let's talk MMT. That seems to be the recent fad, and the neochartalist aspect at least I find pretty appealing.

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                  • Not sure what that is...
                    12-17-10 Mohamed Bouazizi NEVER FORGET
                    Stadtluft Macht Frei
                    Killing it is the new killing it
                    Ultima Ratio Regum

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                    • I'm trying to keep this as simple as possible, so it's accessible to second-year economics undergraduates. Many theoretical papers I read are full of impenetrable (to me) thickets of math. So I reverse-engineer the model. I try to figure out...


                      Krugman had a post about it IIRC, but the post wasn't interesting.

                      I've been trying to integrate this into the stuff I learned from Sumner.

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                      • ah...still trying to wrap my head around it. can continue in tax incidence thread I made...
                        12-17-10 Mohamed Bouazizi NEVER FORGET
                        Stadtluft Macht Frei
                        Killing it is the new killing it
                        Ultima Ratio Regum

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                        • Originally posted by KrazyHorse View Post
                          Why are you bothering to discuss this seriously with aeson? He's disingenuous to the extreme.
                          You're just scared of having the failings of your "throw cash at everything" approach to fixing problems discussed.

                          Disingenuous is hiding behind "disingenuous" when it's clear by your other postings that you'll go on for pages, or even several threads, with those who you call disingenuous about what you are discussing. Nope... you're just scared. Now go cower in your corner. We can throw cash at you to make you brave maybe?

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                          • Originally posted by DinoDoc View Post
                            Mom and Dad loved Kuci more HC.
                            To be fair, we all do.
                            Today, you are the waves of the Pacific, pushing ever eastward. You are the sequoias rising from the Sierra Nevada, defiant and enduring.

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                            • Originally posted by Kuciwalker View Post
                              No, that does not follow. The agency problem of an individual wrt himself is 0. The agency problem of the gov't wrt the same individual > 0.
                              I was not addressing an agency problem with self. Though you are quite right that there are cases wher ethere is an agency problem with regard to self.

                              So we let the individual choose.
                              That is your preference, as is how/when to judge the inequality.

                              (Alternately, you can concede that some individuals do have an agency problem wrt themselves, but it is still almost universally less than the gov't's).
                              Children are not included in your universe. Check.

                              You're drawing an arbitrary line at 18 and pretending it's ok to run people's lives before that line, but not later. (Except for "some people" in some cases.)

                              The agency problem of a parent wrt his child is > 0, and most importantly is (for some people) very large. The agency problem of the gov't wrt the same child > 0, but most importantly (for some people) it is much smaller than the other problem. So, we let the gov't choose.
                              You're just picking and choosing who is responsible with money and who is not. Much the same as Jon is doing. To you it's important to do in regards to parents. For Jon it's important to do in regards for health insurance. That's fine of course. Everyone has their preference as to where to draw the line.

                              In regards to helping people out, why should we not make these determinations? If they were capable on their own, they wouldn't need the help. (In the US)

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                              • He's disingenuous to the extreme.


                                To be fair, I think he's just stupid. Never ascribe to malice that which is adequately explained by retardation.

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