Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Display:
Have I done that? I look sat taxation and the budget.

Uh, yeah. That's what you're doing wrong. If you want to argue that the Irish government should tax and spend more, then that's a perfectly valid argument. They should.

But if you want to argue that the Irish government should tax more without spending more, then you need to explain where that money is gonna come from. 'Cause the Irish private sector does not have any right now.

I guess the fallacy of composition isn't just for neoclassicals anymore.

And of course there a lot of countries with a balanced budget and account deficits. Like the US in 2000.

And that worked out so well for them.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Sun Aug 14th, 2011 at 12:02:15 PM EST
[ Parent ]

Others have rated this comment as follows:

Display:

Occasional Series