Sacrifice

(Community Matters) I’m just remembering a conversation I had with a Republican at a party in Marfa.  This mega law firm partner told me they wished we’d sacrifice now in order to fix the economy.  I’m all for this.  Reminds me of earlier postings on War Bonds and Prof Brandl on How Do We Finance the Deficit .  I still believe the American people are ready to be called to sacrifice.  Though, I admit, this may not be politically practical until those on the other side of the aisle are convinced their financial sacrificing would be well spent, or invested in reducing the deficit.  I think it should be framed as paying the costs of the wars.

2 responses to “Sacrifice

  1. If you were a Republican Party operative, you would want a period of sacrifice while the Democrats are in power so that when the Republicans come back they can be Santa Claus again.

    I used to worry about deficits. By the late 90s the government finally got its act together and balanced the budget. I thought we were back on track for long-term prosperity. Then what happened? We got horrible tax policies in Bush’s first term that essentially functioned as a raid on the treasury by the wealthy. Gone was that fiscal discipline we had strived for. What’s the point of sacrifice if it’s just a prelude to tax cuts for the rich? I felt betrayed. I’m not falling for that line again.

    The domestic policies in Bush’s first term were what turned me against the Republicans. Now I say: run up the deficits. Live for today. Let’s put off the sacrifices until the Republicans return to power in a few years.

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