Cutting spending results in less money in the pockets of private citizens, because A) the people who benefit from government programs such as senior citizens will get less money or will have to pay more of the money they have to cover expenses that are no longer covered; and B) there will be fewer jobs through which people can make money because the tasks will not be funded.
Not only that, but reducing spending costs more. For example, we all use freeways. Where I live, freeways are heavily used by trucks. Trucks damage the freeway, resulting in deep ruts and such. If the freeway isn’t repaired, it results in an unsafe situation and there are more accidents. Accidents not only cost the people involved in them, but they also cause thousands of people to be stuck in traffic. Truck drivers waiting in traffic drive fewer miles than ones who aren’t, so their productivity is adversely affected. People trying to get to work lose productivity. There’s even the odd person who is one tardiness away from losing his job.
How about bridge collapses? They happen. First, it’s more expensive to build a new bridge than to maintain an existing one. Second, you have the loss of productivity while the new bridge is being built. And then you have the people who are killed, who are no longer working at all; plus the expenses of their families who have to dispose of their remains. Oh, and there are the inevitable lawsuits.
Isn’t it better, even in a weak economy – especially in a weak economy – for the government to spend money? Infrastructure construction and maintenance need do be done. Doing them employs people. Employed people have money in their pockets. Health costs are lower when people are treated earlier, so spending money on Medicare results in savings. Job programs put people to work, and people who go through them are better prepared to take jobs in the private sector.
Benjamin Franklin would have called cutting taxes being penny wise and pound foolish.
Sure, cutting taxes allows people to keep more of the money they make – if they have a job. If you have a job, then you can afford to pay higher prices for your groceries when the infrastructure disintegrates and results in higher prices for consumer goods. And hey, I’m telecommuting today. What do I care if the roads are unsafe? I’m not the one who’s driving on them!
A patriot thinks of the country; not himself.