working class stiff wrote:
Or not taxing. My theory is that if we actually had to pay for the spending (yes, tax and spend) then we'd be much further along in having to decide what we, as a nation, really want to pay for. Borrow and spend keeps us from having to confront those choices.
It's actually a fairly conservative position, this tax and spend. Pay now for what you buy.
But it is my understanding that this would lead to not everyone getting what they want