Trauma

I'm going to say I disagree with this statement overall.

Although right now it would be in the best interest of the country to put most of the money that could be acquired (through legalization of marijuana) to outstanding debt and the deficit, it wouldn't be in the our best interest at very many other times.
Right now the deficit is the worst one the country has had in a long time, but somehow people are always quick to say "revenues increase spendings" which I think is basically the conservative way of saying, "cut taxes because I have too much money."

Instead, how about you say, "Revenues increase money the government gives to the military." The United States allocates more federal funds to the military than any other country (excluding China, maybe?). Keeping that in mind, it would make more sense to allocate funds used for the military to the outstanding deficit. This way, extra money brought in from the sudden legalization of marijuana would be able to go to welfare programs.
Sweden spends twice the amount the U.S. does (proportionately) on welfare programs, including things like healthcare and higher education incentives.
Their standard of living is one of the highest in the world, yet "revenues increase spending" is somehow a legitimate concern for the richest country in the world?

And the statement, "Fiscal responsibility is a thing of the past," does that somehow prove your point? In the last 50 years, the United States has only had a surplus for 13 years. That means that 37 of the last 50 years have ended in a deficit. So you must be going WAY back, right? Fiscal responsibility in the 20s and 30s maybe. Oh wait, that was the Great Depression. My fault.

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Son of JayJamJah

Most logical plan. Let's invade Iran and just steal their weed.

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IamAlejo

No, putting away money to pay away at the debt right now would be a horrible idea. Government needs to be re-investing right now in hopes to spur economic activity and restore faith in hopes to increase fluidity of capital.

I'm saying that given other circumstances, I'm all for increasing revenues through taxes. But instead of offsetting these increased tax revenues with more expenses, we could try to pay off some debt. I'm going to ignore the rest of your post because you went out on a tangent that had nothing to do with what I was saying. But I'll touch on it if you want me to.

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Trauma

No, don't touch on the last part of my post, it was just a random tangent about how you were wrong in claiming lack of fiscal responsibility.
I really don't understand the condescending tone you have, your arguments are not that great.
Another thing: your last post has a condescending tone but in my last post I said that right now it would be in the best interest of the country to put the money toward debt.
You were agreeing with me.

Unless you just have poorly crafted sentences that are hard to understand.

"No, putting away money to pay away at the debt right now would be a horrible idea."
Does this mean you think we should pay off debt, or not?
By "putting away money" do you mean investing it in social welfare?

"More at the government, but in your line of thinking is directly the same."
What?

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IamAlejo

Fiscal responsibility has changed completely recently. Even with deficits, the amount has skyrocketed to a point where we are legitimately taking out loans with almost no intent to pay them back. When that happens, eventually countries are going to stop loaning [see American economy now].

By putting money away, I mean actually returning money that's been invested to the debtors. I stated that normally I would hope we use revenues to pay off our debt, but because of how the economy is now it would not be the right move to pay off debts because their are more pressing concerns. Therefore, I wasn't agreeing with you. Right now, we have more urgent needs than paying off these loans because of how the economy is, and increased revenues would be put to better use by re-investment in our economy.

If the current economic conditions were not present, I'm much more in favor of using revenues to pay off debts so that we have these lines of credit in the future.

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Trauma

You initially related lack of fiscal responsibility to the idea of allocating hypothetical marijuana revenues to education and healthcare, which I don't think relates very much to lacking responsibility.
The point you now make is completely different, and valid.

To your other point: by paying off debts right now, I also meant returning money to debtors, I don't think other debts should be prioritized first when America's credit is so awful.

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IamAlejo

I related fiscal responsibility to matching revenues with increased spendings and not paying off debts we already have. It's right there in the post I said it in. You either are struggling reading or have some very selective reading habits.

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pahuuuta

what the hell is fiscal

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Freebase Dali

fiscal - Definition from the Merriam-Webster Online Dictionary

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Son of JayJamJah

yes

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Me, Myself and I United as One

If you're posting in the music forums make sure to be thoughtful and expressive, if you're posting in the lounge ask yourself "is this something that adds to the conversation?" It's important to remember that a lot of people use each thread. You're probably not as funny or clever as you think, I know I'm not.

My Van Morrison Discography Thread