There are only two hard things in computer science: cache invalidation, naming things, and off-by-one errors
There are only two hard things in computer science: cache invalidation, naming things, and off-by-one errors
Bear Bibeault wrote:And while it could be argued that paying less taxes might stimulate the economy, I don't see what effect that has at all on the national debt. Which is the debt I assume that is being discussed?
To me, "less taxes" is simply jargon for "get elected".
SCJA
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Bear Bibeault wrote:I don't see what effect that has at all on the national debt. Which is the debt I assume that is being discussed?
There are only two hard things in computer science: cache invalidation, naming things, and off-by-one errors
Gregg Bolinger wrote:I found this extremely informative...
There are only two hard things in computer science: cache invalidation, naming things, and off-by-one errors
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if you hold the debt and the economy grows, it becomes a moot point.
There are only two hard things in computer science: cache invalidation, naming things, and off-by-one errors
fred rosenberger wrote:CAN the economy really keep growing forever? I think that is a faulty assumption.
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Jeanne Boyarsky wrote:You asked about the rationale. So I posted about the rationale and kept my opinions out of it. There's actually another way - which is hyperinflation. But that's worse than no growth.
There are only two hard things in computer science: cache invalidation, naming things, and off-by-one errors
herb slocomb wrote:Q: "Can the economy grow forever?"
leads to:
Q: "Can productivity increase forever?"
herb slocomb wrote:There are reasoned and principled arguments to reduce taxation for the good of society long term
Tim Moores wrote:
herb slocomb wrote:Q: "Can the economy grow forever?"
leads to:
Q: "Can productivity increase forever?"
Is that necessarily the case? In a growing country like the USA, as long as employment growth keeps up with population growth, even a static productivity would lead to a growing economy, no?
Tim Moores wrote:
herb slocomb wrote:Q: "Can the economy grow forever?"
leads to:
Q: "Can productivity increase forever?"
Is that necessarily the case? In a growing country like the USA, as long as employment growth keeps up with population growth, even a static productivity would lead to a growing economy, no?
Paul Clapham wrote:
herb slocomb wrote:There are reasoned and principled arguments to reduce taxation for the good of society long term
When you wrote this, did you actually mean there are arguments to have low taxation? Or did you mean that taxation should continuously be reduced? (I have seen people at the other end of the spectrum complain that their entitlements are being cut, when the fact is that the percentage increase of said entitlements is being reduced.)
Paul Clapham wrote:
Tim Moores wrote:
herb slocomb wrote:Q: "Can the economy grow forever?"
leads to:
Q: "Can productivity increase forever?"
Is that necessarily the case? In a growing country like the USA, as long as employment growth keeps up with population growth, even a static productivity would lead to a growing economy, no?
leads to:
Q: "Can population increase forever?"
Bear Bibeault wrote:And while it could be argued that paying less taxes might stimulate the economy, I don't see what effect that has at all on the national debt. Which is the debt I assume that is being discussed?
To me, "less taxes" is simply jargon for "get elected".
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