It's one thing to have personal beliefs, but it's another thing entirely to use those personal beliefs as a foundation for public policy. The conservative beliefs of Blue Dogs when it comes to deficit spending, for example, are grounded in conventional wisdom which doesn't hold up under scrutiny. Paul Krugman lays it out. Conservative representatives like Kissell and Shuler would do well to embrace fact-based decision-making, and stop relying on Republican mythology to defend their votes.
Deficit hawks like to complain that today’s young people will end up having to pay higher taxes to service the debt we’re running up right now. But anyone who really cared about the prospects of young Americans would be pushing for much more job creation, since the burden of high unemployment falls disproportionately on young workers — and those who enter the work force in years of high unemployment suffer permanent career damage, never catching up with those who graduated in better times.
Even the claim that we’ll have to pay for stimulus spending now with higher taxes later is mostly wrong. Spending more on recovery will lead to a stronger economy, both now and in the future — and a stronger economy means more government revenue. Stimulus spending probably doesn’t pay for itself, but its true cost, even in a narrow fiscal sense, is only a fraction of the headline number.
BlueNC is dedicated to making North Carolina a more progressive and prosperous state. If your intention is to disrupt this effort, please find somewhere else to express your opinions.