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Originally Posted by raytri
Failing to adjust for inflation over a 10-year period is a mistake, not a valid alternative.
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Not acknowledging that government action is the sole cause of inflation is a mistake. Not acknowledging that eliminating its ability to print fiat currency at the drop of a hat will stop inflation is a mistake.
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Clearly, reducing the debt reduces costs in the long-term.... but it increases costs in the short term. There ain't no free lunch.
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No, it doesn't increase costs in the budget in the short term if you use assets to pay off the debt.
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Plus I'm sure you have an interesting definition of "non-essential." Considering that Ron Paul's definition of that term includes most of our military, the Dept. of Education and various other entities.
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Yes, we have a logical definition of "non-essential" - unlike the collectivist statists.