Can we spend our way out of debt?

Is the solution to our debt problem to spend money that we don’t have?
lordfrig-That’s a huge exaggeration lol but I see your point.

But how is it a barrier to get rid of Medicare taxation and benefits for the NEW generations that have never paid into them? They don’t pay into it, and that part of our debt vanishes with no huge dilemmas.

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11 thoughts on “Can we spend our way out of debt?

  1. No we cant and it ought to be illegal for the government to do so

  2. not out of debt, but out of the recession… maybe…

    debt is not the same as the recession…

  3. The debt problem is secondary and has nothing to do with the more important jobs crisis. We can’t cut our way out of the recession.

  4. As long as someone not born yet, who is voiceless is stuck with the bill.

    That’s the Democrats playbook for 70 years now.

  5. According to Biden yes but according to anyone with a functioning brain no.

  6. No, but we can spend our way to a strong economy. Then we can cut spending and have plenty of tax revenue to make paying down the National Debt feasible.

    Our weak economy is a much, much bigger problem than our debt.

    Edit: Speaking of Medicare, I am a Gen-X’er. I’ve been paying into Medicare and other social safety nets for half my life already, yet Republicans want to take my benefits away. I get upset when my generation is asked to pay for something we can’t fully utilize just to cover for the selfish excesses of the Baby Boomer generation.

  7. No. But the solution is to not wreck the country be reducing spending only to the levels at which you chose to tax – especially when tax rates have never been lower and have not actually covered spending for more than 10 years

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