The Archivist

18 March

18 March · 05:41 UTC

Another ultra-conservative political trick, on debt. 'Debt' is obviously a combination of revenue, and spending. What ultra-conservatives do is slash revenue, by cutting taxes, and then when the budget goes into deficit because of the shortfall, say "we're living beyond our means, we need to cut spending!" And there they have their trigger, to do what they actually wanted to do - cut the size of government. If you think that's a win for you, notice how the more they cut government, the more you pay out of your pocket for services. And private corporations get huge, as they paddle into the gap, and privatise the cut services, for profit.

Nick Dee updated his status.