Quote:
Originally Posted by TracyCoxx
Ok, let's see if there are any empirical truths. Possibly this: It's never good practice to routinely run a deficit unless it's a national emergency."
No matter what your party, is this ever false?
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The TLB staff can place words in my mouth and change the meaning of what I wrote, then state the obvious that I would say didn't say it. It is obvious so I won't.
So anyway, is the statement above in quotes an empirical statement, or does it depend on one's point of view? If it does depend on a viewpoint, can someone please explain what viewpoint, and within that viewpoint how it's rational to continuously operate in a deficit?