Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

We should bring back surpluses in the good times. If you are the head of a country and you are proclaiming that the economy is "the greatest ever" then you should be running a balanced / surplus budget.

If the economy is in the shitter you are perfectly entitled to run a deficit.



Can the down voters help me understand the downvotes? The argument seems cogent.

Doing good? Pay down debts. Need a boost? Invest and incur debt. Where is the flaw?


It makes nobody happy - people who think deficits are bad, people who think continual deficits are good, people with no trust in politicians to do the right thing.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: