Yes, all of these handouts to our ruling class are also why we can’t have nice things, but I’d argue engineering marvels that literally murder large numbers of human beings are worse than a direct handout. Maybe we just need welfare for Lockheed Martin. Also, if you want to get super technical about the economics, taxes in a fiat currency economy of our size is actually a purely inflation-management mechanism. There’s no dollar-to-dollar relationship between income and expenditure, really, so a tax cut isn’t really “spending” in the same way, you’re just egging on inflation by failing to remove dollars from the economy (not to be pro-tax cut, obviously inflation is bad and regressive taxation of its own, but its important not to play into the right’s misconceptions of how the economy works).
Yes, all of these handouts to our ruling class are also why we can’t have nice things, but I’d argue engineering marvels that literally murder large numbers of human beings are worse than a direct handout. Maybe we just need welfare for Lockheed Martin. Also, if you want to get super technical about the economics, taxes in a fiat currency economy of our size is actually a purely inflation-management mechanism. There’s no dollar-to-dollar relationship between income and expenditure, really, so a tax cut isn’t really “spending” in the same way, you’re just egging on inflation by failing to remove dollars from the economy (not to be pro-tax cut, obviously inflation is bad and regressive taxation of its own, but its important not to play into the right’s misconceptions of how the economy works).