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Deficit Hawks vs Tax Cutters (or Deficit Hawks In Name Only)

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  • Deficit Hawks vs Tax Cutters (or Deficit Hawks In Name Only)

    Deficit Hawks believe that reducing the deficit/balancing the budget/paying down/paying off the national/federal debt is a priority. How we get there is less important than getting there. You can't really say you are a deficit hawk if you think we should keep an eye on the deficit while taking care of other things. Keeping an eye on the deficit isn't the same thing as reversing the deficit.

    It's sort of meaningless to say you are a deficit hawk if it's not your priority. You might say you are deficit aware, or a deficit watchdog, or using the deficit as a pretense to argue for political advantage in pursuit of another priority.

    Most "Deficit Hawks" are really "Tax Cutters." That is, their priority is cutting taxes and deficit spending provides a rationale for spending less, which then -- instead of paying down the deficit -- they bait and switch into a tax cutting argument. That's what George W Bush did with his 2001 tax cuts, and the extension of them in spite of spikes in federal spending.

    Some "Deficit Hawkery" is simply political jockeying. We are all wary of the Reaganesque/W Bushesque tactic of borrowing and spending -- no one wants to see their political rival cut taxes and then borrow money to maintain prosperity through their administration, then pass on an economic disaster to their party when the economy inevitably sours. So we rail against deficit spending when our rival team is in office, and rationalize it as being part of the "big picture" when our team is in office.

    Borrowing and Spending has to be worse to a Deficit Hawk than Taxing and Spending, because at least Taxing and Spending maintains a balanced budget -- which is at least closer to matching the priority of the Deficit Hawk.

    Taxation shouldn't be automatically rejected by a true Deficit Hawk, in fact it is essential to tax in excess of spending to reduce or reverse a deficit and arrest or retire a debt. Deficit Hawks may not like taxes, but when you meet a so-called "Deficit Hawk" who is more interested in cutting taxes than paying off debt, you can be sure that they are not truly a Deficit Hawk. They are a DHINO.

  • #2
    Excellent thread. I'll comment more when I get off of work.
    Try http://wordforge.net/index.php for discussion and debate.

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    • #3
      Please don't.
      12-17-10 Mohamed Bouazizi NEVER FORGET
      Stadtluft Macht Frei
      Killing it is the new killing it
      Ultima Ratio Regum

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      • #4
        Why? What he said happens to be true.
        In Soviet Russia, Fake borises YOU.

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        • #5
          Sure, right wingers hate the deficit and want tax cuts. Do we really need someone to write six paragraphs about that?

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          • #6
            His point is that they deliberately cut taxes to force the other party to curb spendings.

            I know this is true where I come from: historically conservative governments rack up deficits while centrists and center leftists lower them.
            In Soviet Russia, Fake borises YOU.

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            • #7
              Why doesn't the other party just raise taxes again?

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              • #8
                You get 3 tries.
                In Soviet Russia, Fake borises YOU.

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                • #9
                  Is it because raising taxes is unpopular because people don't want to have more of their income taken away and spent by someone else?

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                  • #10
                    I think so. Don't you agree?
                    In Soviet Russia, Fake borises YOU.

                    Comment


                    • #11
                      Our mayor is proud of the fact that property taxes have remained the same for over 14 years. Our civic infrastructure is a mess. Rather than raise taxes our mayor just authorized nearly $400 M in borrowing. He also noted that we are basically maxed out as far as borrowing goes.
                      Our mayor is widely expected not to run for re-election in a little over three years. The next mayor will be in the unenviable position of either having to raise property taxes (nearly 50%, to catch up) or drastically slash city programs. Our current mayor, imho, is a f*cking idiot.
                      There's nothing wrong with the dream, my friend, the problem lies with the dreamer.

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                      • #12
                        Originally posted by KrazyHorse View Post
                        Please don't.
                        You still don't have the balls to admit you were wrong in the other thread. Man up already.
                        Try http://wordforge.net/index.php for discussion and debate.

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                        • #13
                          Originally posted by Oncle Boris View Post
                          I know this is true where I come from: historically conservative governments rack up deficits while centrists and center leftists lower them.
                          Historically, where I come from, recessions rack up huge deficits, and boom periods lesser ones, regardless of who is in power.
                          One day Canada will rule the world, and then we'll all be sorry.

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                          • #14
                            Recessions play a more important role in this than any other single factor, but the conservative factor is definitely real. I think it also is in France. In the US, it's ****ing obvious.
                            In Soviet Russia, Fake borises YOU.

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                            • #15
                              Sweetheart, I've already explained in detail in the other thread why you don't have a leg to stand on. All your cute little blustering isn't going to disguise the fact that you're an intellectually dishonest buffoon (in general) and completely wrong (in this particular instance).

                              Nobody here takes you seriously because you've demonstrated these qualities time and again.
                              12-17-10 Mohamed Bouazizi NEVER FORGET
                              Stadtluft Macht Frei
                              Killing it is the new killing it
                              Ultima Ratio Regum

                              Comment

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