Tuesday, January 1, 2013

Fiscal cliff

I think a part of the reason why the negotiations on a budget are difficult is because people have different opinions about what is best for the economy. Your approach to a budget will probably be very different depending on what your goal is.

Is the best economy the one where the most successful individuals have the most control over what happens with the money?

Is the best economy the one where the largest number of the people have the most number of opportunities to contribute to it?

Is the best economy the one that uses the majority of it's resources on non-governmental items?

And to make things more complicated, does what is best for the economy depend on the state of the economy?

Wish I had the answer. Or at least someone did.

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