The Biden Economy

[whell]

Originally Posted by finnbow

And this, in a nutshell, is why supply-side economics is such sophistry. The GOP has no desire to pay for the programs it supports and defends (e.g., defense, Social Security, Medicare), preferring to lie to the American by essentially saying "You can have it all pain-free because we'll pay for it with tax cuts." At least the Democrats are intellectually honest about these programs (if you want them, they need to be paid for).

This is where your logic fails you, and you do this every single time. Supply-side economics has nothing to do with "paying for programs". Paying is spending, and our friends in Washington prove year after year that revenue is not a consideration where spending is concerned. Hell, most budgets - including Biden's most recent budget - included an expectation of spending more than expected revenue.

You can lie to yourself about Democrats' intellectual honesty on the topic. I've seen no desire on the part of Dems to align spending with forecasted revenue.