<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
		>
<channel>
	<title>Comments on: Economists warn this is not the time to cut spending</title>
	<atom:link href="http://habitablezone.com/2011/08/01/economists-warn-this-is-not-the-time-to-cut-spending/feed/" rel="self" type="application/rss+xml" />
	<link>https://habitablezone.com/2011/08/01/economists-warn-this-is-not-the-time-to-cut-spending/</link>
	<description></description>
	<lastBuildDate>Sat, 25 Apr 2026 16:17:27 -0700</lastBuildDate>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.org/?v=3.3.1</generator>
	<item>
		<title>By: TB</title>
		<link>https://habitablezone.com/2011/08/01/economists-warn-this-is-not-the-time-to-cut-spending/#comment-4528</link>
		<dc:creator>TB</dc:creator>
		<pubDate>Thu, 04 Aug 2011 18:02:21 +0000</pubDate>
		<guid isPermaLink="false">http://habitablezone.com/?p=2863#comment-4528</guid>
		<description>Again, until the next election we&#039;re talking cuts of $22 billion.  For all of 2012.  When the limit was raised we borrowed, &lt;em&gt;just on Tuesday&lt;/em&gt;, $239 billion.

Is the moderate position that we should not cut any spending that involves somebody getting a paycheck?  How&#039;s that supposed to work?  At the very least could we stop creating new spending programs like High Speed Rail?

Tell me how to make spending cuts work painlessly.  Tell me how to do it painlessly ten years from now when the debt is nine trillion dollars larger.  I&#039;m open for ideas.

Attempts at the smallest incremental long-range solutions, like Ryan&#039;s plan, or the entitlement reforms during the Bush years, were attacked mercilessly.  Any attempt to even slow the rate of government growth is attacked mercilessly.  A determination to fix the massive spending imbalance in this country is now called &quot;terrorism.&quot;  I don&#039;t know where the &quot;moderates&quot; are hanging out, but I&#039;m not seeing a lot of them in the Democratic Party.</description>
		<content:encoded><![CDATA[<p>Again, until the next election we&#8217;re talking cuts of $22 billion.  For all of 2012.  When the limit was raised we borrowed, <em>just on Tuesday</em>, $239 billion.</p>
<p>Is the moderate position that we should not cut any spending that involves somebody getting a paycheck?  How&#8217;s that supposed to work?  At the very least could we stop creating new spending programs like High Speed Rail?</p>
<p>Tell me how to make spending cuts work painlessly.  Tell me how to do it painlessly ten years from now when the debt is nine trillion dollars larger.  I&#8217;m open for ideas.</p>
<p>Attempts at the smallest incremental long-range solutions, like Ryan&#8217;s plan, or the entitlement reforms during the Bush years, were attacked mercilessly.  Any attempt to even slow the rate of government growth is attacked mercilessly.  A determination to fix the massive spending imbalance in this country is now called &#8220;terrorism.&#8221;  I don&#8217;t know where the &#8220;moderates&#8221; are hanging out, but I&#8217;m not seeing a lot of them in the Democratic Party.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: mcfly</title>
		<link>https://habitablezone.com/2011/08/01/economists-warn-this-is-not-the-time-to-cut-spending/#comment-4527</link>
		<dc:creator>mcfly</dc:creator>
		<pubDate>Thu, 04 Aug 2011 17:39:56 +0000</pubDate>
		<guid isPermaLink="false">http://habitablezone.com/?p=2863#comment-4527</guid>
		<description>One more time. 

The coming cuts in government spending are going to have a huge impact on [likely] many thousands of people and families.

The majority of these people are going to be decent, hardworking, law abiding citizens. Some will be government employees, but many will not.

Over the next few years, they&#039;re going to get their teeth kicked in. Conservatives steadfastly refuse to acknowledge the hardship these people will face as we reduce government spending. And of course, the very programs that would, in the past, have been there to help people in need will be going away as well.

Moderates would like to see this happen over time, with at least some attempts at coordination. The Tea Party, however, will gleefully yank the rug out from under these people in one go.

So be it, but I expect to never again hear the sentiment that Americans give a damn about each other.</description>
		<content:encoded><![CDATA[<p>One more time. </p>
<p>The coming cuts in government spending are going to have a huge impact on [likely] many thousands of people and families.</p>
<p>The majority of these people are going to be decent, hardworking, law abiding citizens. Some will be government employees, but many will not.</p>
<p>Over the next few years, they&#8217;re going to get their teeth kicked in. Conservatives steadfastly refuse to acknowledge the hardship these people will face as we reduce government spending. And of course, the very programs that would, in the past, have been there to help people in need will be going away as well.</p>
<p>Moderates would like to see this happen over time, with at least some attempts at coordination. The Tea Party, however, will gleefully yank the rug out from under these people in one go.</p>
<p>So be it, but I expect to never again hear the sentiment that Americans give a damn about each other.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: TB</title>
		<link>https://habitablezone.com/2011/08/01/economists-warn-this-is-not-the-time-to-cut-spending/#comment-4520</link>
		<dc:creator>TB</dc:creator>
		<pubDate>Thu, 04 Aug 2011 13:40:02 +0000</pubDate>
		<guid isPermaLink="false">http://habitablezone.com/?p=2863#comment-4520</guid>
		<description>I refuse to accept the premise that turning this country into a debt-ridden statist hellhole is &quot;giving a shit about my fellow Americans.&quot; while trying to restore fiscal sanity, liberty, and a robust economy is not.

Krugman&#039;s ideas are not only wrong, they are bloody lethal.

But go ahead, let&#039;s do what he says. Print or borrow a few more trillions of dollars (how easily the word &quot;trillion&quot; comes off the tongue in recent years).  Hire people to do things nobody needs and build things nobody wants.  Make sure to funnel a nice chunk of those trillions to the unions, who will reward The Party with a nice kickback and political support.  Or cut the pretense and just send checks to everyone in return for their lifelong political loyalty.

Meanwhile, keep stomping in the faces of the private industries who actually do something for the economy.

Me, I&#039;m just a heartless bastard who doesn&#039;t think my fellow Americans deserve to be treated like this.</description>
		<content:encoded><![CDATA[<p>I refuse to accept the premise that turning this country into a debt-ridden statist hellhole is &#8220;giving a shit about my fellow Americans.&#8221; while trying to restore fiscal sanity, liberty, and a robust economy is not.</p>
<p>Krugman&#8217;s ideas are not only wrong, they are bloody lethal.</p>
<p>But go ahead, let&#8217;s do what he says. Print or borrow a few more trillions of dollars (how easily the word &#8220;trillion&#8221; comes off the tongue in recent years).  Hire people to do things nobody needs and build things nobody wants.  Make sure to funnel a nice chunk of those trillions to the unions, who will reward The Party with a nice kickback and political support.  Or cut the pretense and just send checks to everyone in return for their lifelong political loyalty.</p>
<p>Meanwhile, keep stomping in the faces of the private industries who actually do something for the economy.</p>
<p>Me, I&#8217;m just a heartless bastard who doesn&#8217;t think my fellow Americans deserve to be treated like this.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: mcfly</title>
		<link>https://habitablezone.com/2011/08/01/economists-warn-this-is-not-the-time-to-cut-spending/#comment-4518</link>
		<dc:creator>mcfly</dc:creator>
		<pubDate>Thu, 04 Aug 2011 12:18:55 +0000</pubDate>
		<guid isPermaLink="false">http://habitablezone.com/?p=2863#comment-4518</guid>
		<description>Gee, sorry TB. Did my act of thanking Eri for a link bother you? I&#039;ll be more careful in the future.</description>
		<content:encoded><![CDATA[<p>Gee, sorry TB. Did my act of thanking Eri for a link bother you? I&#8217;ll be more careful in the future.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: mcfly</title>
		<link>https://habitablezone.com/2011/08/01/economists-warn-this-is-not-the-time-to-cut-spending/#comment-4517</link>
		<dc:creator>mcfly</dc:creator>
		<pubDate>Thu, 04 Aug 2011 12:13:32 +0000</pubDate>
		<guid isPermaLink="false">http://habitablezone.com/?p=2863#comment-4517</guid>
		<description>Jesus Christ, it&#039;s like pulling goddamn teeth. Do you in fact give a shit at all about your fellow Americans? It sure as hell doesn&#039;t show.</description>
		<content:encoded><![CDATA[<p>Jesus Christ, it&#8217;s like pulling goddamn teeth. Do you in fact give a shit at all about your fellow Americans? It sure as hell doesn&#8217;t show.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: TB</title>
		<link>https://habitablezone.com/2011/08/01/economists-warn-this-is-not-the-time-to-cut-spending/#comment-4508</link>
		<dc:creator>TB</dc:creator>
		<pubDate>Thu, 04 Aug 2011 02:38:01 +0000</pubDate>
		<guid isPermaLink="false">http://habitablezone.com/?p=2863#comment-4508</guid>
		<description>The private sector goal is to invest money where it will earn more money back.  To make a profit.  To get rich.

The government&#039;s goal is to invest money where it will return political power.  Whether or not the investment actually pays for itself is utterly beside the point, and like many government-funded programs, nobody seems to mind if the end product loses money forever.  Remember, to a &quot;progressive&quot; &quot;profit&quot; is a curse word, but it&#039;s the private profits that subsidize the government losses.

Only one of these investments actually grows an economy.  This should be historically obvious by examining economies where most of the wealth moves in the private sector versus economies where most of the wealth is controlled by the State.

Hardship from streamlining government?  Sure.  A job that destroys net wealth, like some Federal Deputy Assistant Chicken Inspector, is still a job that puts food on someone&#039;s table.  But there&#039;s a limit to how many people can be in the wagon when only a certain number are pulling it, and we&#039;re hitting that limit now, if we aren&#039;t already past it.

Make the environment safe for the private sector again, and see what happens.</description>
		<content:encoded><![CDATA[<p>The private sector goal is to invest money where it will earn more money back.  To make a profit.  To get rich.</p>
<p>The government&#8217;s goal is to invest money where it will return political power.  Whether or not the investment actually pays for itself is utterly beside the point, and like many government-funded programs, nobody seems to mind if the end product loses money forever.  Remember, to a &#8220;progressive&#8221; &#8220;profit&#8221; is a curse word, but it&#8217;s the private profits that subsidize the government losses.</p>
<p>Only one of these investments actually grows an economy.  This should be historically obvious by examining economies where most of the wealth moves in the private sector versus economies where most of the wealth is controlled by the State.</p>
<p>Hardship from streamlining government?  Sure.  A job that destroys net wealth, like some Federal Deputy Assistant Chicken Inspector, is still a job that puts food on someone&#8217;s table.  But there&#8217;s a limit to how many people can be in the wagon when only a certain number are pulling it, and we&#8217;re hitting that limit now, if we aren&#8217;t already past it.</p>
<p>Make the environment safe for the private sector again, and see what happens.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: mcfly</title>
		<link>https://habitablezone.com/2011/08/01/economists-warn-this-is-not-the-time-to-cut-spending/#comment-4505</link>
		<dc:creator>mcfly</dc:creator>
		<pubDate>Thu, 04 Aug 2011 01:45:43 +0000</pubDate>
		<guid isPermaLink="false">http://habitablezone.com/?p=2863#comment-4505</guid>
		<description>So you don&#039;t think cuts to government funding will cause any hardship at all, is that it?

Politics aside, the FAA issue is giving us some real insight into what&#039;s coming. Plenty of people are going to get clobbered, and saying it ain&#039;t so won&#039;t make it any better.</description>
		<content:encoded><![CDATA[<p>So you don&#8217;t think cuts to government funding will cause any hardship at all, is that it?</p>
<p>Politics aside, the FAA issue is giving us some real insight into what&#8217;s coming. Plenty of people are going to get clobbered, and saying it ain&#8217;t so won&#8217;t make it any better.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: TB</title>
		<link>https://habitablezone.com/2011/08/01/economists-warn-this-is-not-the-time-to-cut-spending/#comment-4496</link>
		<dc:creator>TB</dc:creator>
		<pubDate>Wed, 03 Aug 2011 18:43:50 +0000</pubDate>
		<guid isPermaLink="false">http://habitablezone.com/?p=2863#comment-4496</guid>
		<description>The FAA issue is &lt;a href=&quot;http://blogs.ajc.com/jamie-dupree-washington-insider/2011/08/02/faa-shutdown-through-labor-day/&quot; rel=&quot;nofollow&quot;&gt;mostly politics.&lt;/a&gt;

The Federal government is spending &lt;em&gt;twice&lt;/em&gt; the money it was in 1988.  Somehow the FAA got funded back then.  Somehow &lt;em&gt;everything&lt;/em&gt; got funded back then.  And yet for the next year we&#039;re going to hear about how every billion dollars we reduce the budget will destroy lives.

Right now, after we just raised our debt by the largest amount in history, I&#039;m listening to Democrats saying what we &lt;em&gt;really, really&lt;/em&gt; need is another trillion dollars or so borrowed, printed, and spent.  This has gone way past stupidity into the insane.</description>
		<content:encoded><![CDATA[<p>The FAA issue is <a href="http://blogs.ajc.com/jamie-dupree-washington-insider/2011/08/02/faa-shutdown-through-labor-day/" rel="nofollow">mostly politics.</a></p>
<p>The Federal government is spending <em>twice</em> the money it was in 1988.  Somehow the FAA got funded back then.  Somehow <em>everything</em> got funded back then.  And yet for the next year we&#8217;re going to hear about how every billion dollars we reduce the budget will destroy lives.</p>
<p>Right now, after we just raised our debt by the largest amount in history, I&#8217;m listening to Democrats saying what we <em>really, really</em> need is another trillion dollars or so borrowed, printed, and spent.  This has gone way past stupidity into the insane.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: TB</title>
		<link>https://habitablezone.com/2011/08/01/economists-warn-this-is-not-the-time-to-cut-spending/#comment-4494</link>
		<dc:creator>TB</dc:creator>
		<pubDate>Wed, 03 Aug 2011 18:26:53 +0000</pubDate>
		<guid isPermaLink="false">http://habitablezone.com/?p=2863#comment-4494</guid>
		<description>Again, spending is not being cut.  It is going to grow a bit less.

Spending &quot;cuts&quot; between now and the next election run to about $22 billion, or about half a percent of the Federal budget.

Anyone telling you this is going to affect either employment or the larger economy during that time is either uninformed or lying.</description>
		<content:encoded><![CDATA[<p>Again, spending is not being cut.  It is going to grow a bit less.</p>
<p>Spending &#8220;cuts&#8221; between now and the next election run to about $22 billion, or about half a percent of the Federal budget.</p>
<p>Anyone telling you this is going to affect either employment or the larger economy during that time is either uninformed or lying.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: mcfly</title>
		<link>https://habitablezone.com/2011/08/01/economists-warn-this-is-not-the-time-to-cut-spending/#comment-4493</link>
		<dc:creator>mcfly</dc:creator>
		<pubDate>Wed, 03 Aug 2011 18:23:02 +0000</pubDate>
		<guid isPermaLink="false">http://habitablezone.com/?p=2863#comment-4493</guid>
		<description>Maybe &quot;bad&quot; isn&#039;t the most useful word here. Look at the FAA situation and how it&#039;s negatively affected so many families. Perhaps &quot;difficult&quot; is more appropriate, or maybe &quot;extremely difficult.&quot;

The fact that cuts are necessary doesn&#039;t mean they&#039;re &quot;good.&quot; A lot of decent people are going to get hit hard.</description>
		<content:encoded><![CDATA[<p>Maybe &#8220;bad&#8221; isn&#8217;t the most useful word here. Look at the FAA situation and how it&#8217;s negatively affected so many families. Perhaps &#8220;difficult&#8221; is more appropriate, or maybe &#8220;extremely difficult.&#8221;</p>
<p>The fact that cuts are necessary doesn&#8217;t mean they&#8217;re &#8220;good.&#8221; A lot of decent people are going to get hit hard.</p>
]]></content:encoded>
	</item>
</channel>
</rss>
