Proponents of deficit reduction argue that governments who do not control budget deficits and debt are at risk of losing their ability to borrow money at affordable rates. Opponents of deficit reduction argue that government spending would increase demand for goods and services and help avert a dangerous fall into deflation, a downward spiral in wages and prices that can cripple an economy for years.
@ISIDEWITH10yrs10Y
Yes, and eliminate federal agencies that are unconstitutional
@9GKCFN87mos7MO
The fact that an agency is not mentioned explicitly in the Constitution does not mean it is unconstitutional. This is a spurious argument.
@9HS65M95mos5MO
Strawman. Federal government functions which can be shown to be unconstitutional, especially as examined under the 9th and 10th Amendments, should be abolished. "Explicit mention" is irrelevant.
@98L5M5C1yr1Y
The federal debt is out of control (31 trillion), and these non-constitution agencies are a big part.
Cutting public spending budgets will only hurt the everyday people and cities that rely on that spending to ensure their lives and homes can maintain a well-kept state. It will also put the families and people in tougher situations into even harder circumstances, creating more harm to lower-class citizens.
@9FQ6Y668mos8MO
The fact that an agency is not mentioned explicitly in the Constitution does not mean it is unconstitutional. This is a spurious argument. The Constitution clearly gives the Executive the power to enforce laws passed by Congress, and the creation of an agency to write and apply rules for carrying out those laws is inherent in the grant of this power. The Constitution does not prohibit creating administrative structures, and the Supreme Court, despite bumping up against these agencies repeatedly through the decades, has never even hinted that the existence of these agencies is problematic cons… Read more
@ISIDEWITH10yrs10Y
@ISIDEWITH10yrs10Y
@ISIDEWITH10yrs10Y
No, increase taxes on the wealthy instead
Almost 20% of federal public spending is on welfare programs, so if those funds were cut, much harm would come to citizens all over the US.
@9FQ6Y668mos8MO
We have two choices when it comes to bringing the revenue and expenditures in the budget closer together: reduce spending and increase revenue. Practically speaking, the discretionary spending portion of the budget is so small that, as long as we're not willing to discuss defense spending in a meaningful way (and we are demonstrably unwilling), there's simply no practical way to close the budgetary gap by reducing spending alone. Further, my view is that many of the kinds of services which would be stripped away in service of that goal are essential functions of government--things… Read more
@ISIDEWITH10yrs10Y
No, increase taxes on large multinational corporations instead
@9GSCJQ66mos6MO
Multination cooperation by their very definition have no allegiance to one nation and therefore are only loyal to their economic model therefore not should we tax them we should ban their existence outright
@ISIDEWITH7yrs7Y
Yes, but by drastically reducing the benefits and salaries of government officials
@9GFP2DCProgressive7mos7MO
The government needs to pay it's people a fair wage, equal to that of the same position in the private sector.
@ISIDEWITH7yrs7Y
No, focus on ending tax evasion instead
@9FPYFDK8mos8MO
The government already takes a majority of the population's income. They've recently not been spending it wisely.
@ISIDEWITH10yrs10Y
@ISIDEWITH10yrs10Y
@ISIDEWITH7yrs7Y
@92JWXW72yrs2Y
No, reduce the amount of government officials instead. We should also focus on ending tax evasion too. Cuts to public spending will negatively affect the economy.
@8WZSGJR2yrs2Y
“We should also focus on ending tax evasion too”
yes, Companies like Apple and Amazon have gone far enough with tax evasion. if we could get a cut of their net worth we would be in good shape and we wouldn't need to tax the middle class which is shrinking more than ever.
@8WZSGJR2yrs2Y
but One thing I do support cutting in the military is nuclear weapons I'm not saying get rid of all of them just low enough that we can start handling them with proper care the extra money that will be saved by not having to handle as many nuclear weapons will be vital for our economy.
@8FTVLYP4yrs4Y
Essentially yes. But other things need to be done. Increase taxes on top income bracket, eliminate deductions and loopholes on taxes for large corporations, reduce military spending and police budgets.
@8D7X8VBNew Liberty4yrs4Y
Yes, replace many gov programs such as welfare with UNIVERSAL INCOME. too much waste in government spending and programs.
Changes are needed but this is a very complicated question
@8W6XWGK3yrs3Y
Yes, but only where there is unnecessary spending in public funds.
@92C5M7S2yrs2Y
No, reduce the amount of government officials instead. We should also focus on ending tax evasion too. Also cuts to public spending will negatively affect the economy.
@98FXVY71yr1Y
No reduce military spending and increase taxes on the wealthy
@8V2ZT4L3yrs3Y
Cut unnecessary programs and reform current ones (like welfare) to be more cost effective and efficient.
@8FQX2T9Independent4yrs4Y
Increase taxes on the wealthiest, limit corporate tax loopholes, and reform spending to go where it will most lift Americans - when lifted we will earn more and in turn pay more taxes that can be used to improve infrastructure, support those in need, etc
No, reduce military spending, tax churches/the clergy, increase taxes on multinational corporations and the wealthy.
@8GJZJKG4yrs4Y
Yes start by eliminating lifetime pay and benefits for congress and senate
Cut military spending, increase taxes on the wealthy and corporations while also focusing on tax evasion.
@9JK3GFF 4mos4MO
We should instead lower the income of government officials making over $80,000 and we should tax multinational companies.
@9HNVCYJ5mos5MO
No, find alternative methods of saving money, such as reducing military spending, ending tax evasion, and taxing the rich
@8TXPKTW3yrs3Y
Decrease politician's benefits and military spending, end tax evasion, and raise taxes on multinational corporations
@9GN5KWP7mos7MO
No, crack down on tax evasion, cut wasteful spending, and boost taxes on the wealthy and large corporations instead.
@9FMVJYV8mos8MO
Yes and No, the government should reduce some spending but not just one section of spending
@99PBSDQ1yr1Y
No, reduce the amount of government officials instead. We should also focus on ending tax evasion too. Cuts to public spending will negatively affect the economy
@9CMPB6J11mos11MO
No, the cuts to public spending will negatively impact the economy by reducing our potential appeal for tourism and investments. Additionally, we should focus on also ending tax evasion and eliminating loopholes.
@99CCR5J1yr1Y
Yes, public welfare should be a last resort option
No, reduce military spending and increase taxes on the wealthy and on large multinational corporations and focus on tax evasion instead.
@986BTV51yr1Y
No, instead implement trade tariffs for multinational corporations exporting goods into the United States.
@986774RIndependent1yr1Y
No, increase taxes on large multinational corporations and the wealthy, and also focus on ending tax evasion
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