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Right...Because if any one of us goes out and loots our neighbor to cover our profligate spending, we go to jail.How many times to rw's have have it explained why and how our individual homes are not the same as the US government?
Never mind cuz it always falls on deaf ears.
Spending our way to prosperity is like either taking out a college loan for yourself in the hopes schooling will make you more money or as a business, advertising or getting a new product in the hopes of selling more.
Not totally foreign to a government investing in more infrastructure to make sure everyone is not unemployed at once or issuing more tuition grants to help the future.
Runaway deficit spending can be cured witha few amendments to the Constitution.
Term limits for Congress Critters.
A reasonable Balanced Budget Amendment (with exceptions for a declared war).
A plan to pay off the debt.
Except those "investments " are made in anticipation of a financial return, not a political return.Spending our way to prosperity is like either taking out a college loan for yourself in the hopes schooling will make you more money or as a business, advertising or getting a new product in the hopes of selling more.
What's totally foreign you you is the broken window fallacy.Not totally foreign to a government investing in more infrastructure to make sure everyone is not unemployed at once or issuing more tuition grants to help the future.
Runaway deficit spending can be cured witha few amendments to the Constitution.
Term limits for Congress Critters.
A reasonable Balanced Budget Amendment (with exceptions for a declared war).
A plan to pay off the debt.
Take away the politicians, doesn't this sound really rediculous?
View attachment 22819 (double click the comic...my apologies)
Mallard Fillmore
How many times to rw's have have it explained why and how our individual homes are not the same as the US government?
Never mind cuz it always falls on deaf ears.
Take away the politicians, doesn't this sound really rediculous?
View attachment 22819 (double click the comic...my apologies)
Mallard Fillmore
did they intentionally cut their own income flow and then go on a spending binge?
now that would be really stupid.
The couple in the cartoon is more than $85,000 in debt if they are a typical couple.
The part such analogies invariably forget is mortgage debt.
That couple is carrying closer to $300,000 in debt. And that puts them proportionally at a much higher debt-to-GDP ratio than our government.
.
Take away the politicians, doesn't this sound really rediculous?
View attachment 22819 (double click the comic...my apologies)
Mallard Fillmore
did they intentionally cut their own income flow and then go on a spending binge?
now that would be really stupid.
If someone is spending recklessly they should have their money/credit source cut off or at least curtailed back especially if it is MY money they are pissing away like drunken fools.
The couple in the cartoon is more than $85,000 in debt if they are a typical couple.
The part such analogies invariably forget is mortgage debt.
That couple is carrying closer to $300,000 in debt. And that puts them proportionally at a much higher debt-to-GDP ratio than our government.
.
It's a fuckign cartoon, dude. It's meant to convey a point, not get all literal in semantics/analytics. Jesus.