Dollars are not scarce items; the government can issue currency essentially at will.
Edit: You CAN drink a small amount of bleach. Just like you CAN print money during a generational event.
A small amount of bleach will burn a bit. A small amount of printing money caused inflation that we also haven't seen in decades. It hurts families now but that's the price we paid to help during covid.
That's bold!
Covid, and emergencies like it, are entirely the point of fiscal responsibility!
In an emergency, you can max out your credit. If you do that on the regular, for non emergencies, not only will you end up paying an absurd amount of interest, but you won't be able to borrow more when the next emergency happens!
the government can issue currency essentially at will.
Okay, sure, this is technically true. In the same way that technically, you can drink bleach it's just a very bad idea.
I've found it's easiest to add an appropriate emoji note to their profile. That way, I can still upvote any memes etc of theirs I enjoy while ignoring their comments etc.
Again, that's a fine and valid critique of the budget.
The fundamental flaw is equating corporate efficiency with public effectiveness...
This position however, does not seem valid when the budget is putting in more than it removes from actual public services, 51 billion v 13.
Sure, you can dislike the military spending.
That doesn't mean the budget isn't investing more in the public than it is withdrawing.
They're cutting 13 billion. 51 billion (over 10 years) is going to local infrastucture; housing, roads, health and sanitation facilities.
Yes, military got more (~82 billion) and I don't love that. Though, one part I do love is that a chunk of that military is also dual use, so climate emergencies like wildfires, floods etc.
Applying this profit extraction model to public service
Getting back to 2019 spending levels over a few years is hardly hollowing out the government.
And what that freed up money is doing is investing in stuff that makes those services work better.
For example in healthcare, which is hanging on by a thread, I think a few billion are going to building and renovating hospitals and investing in a new medical school. Those all make the services more efficient and sustainable in the long run.
Edit: My goodness, the cuts are something like 13 billion out of a 500 billion budget.
Nothing says serious like: "We'll just get the billionaires to pay for it!"
"and if they leave?"
"We don't need them!"
Lol.
Cheers kid.
Not at all surprised to hear that! (The book is sitting on my shelf, unread and judging me.)