- Moderator
- #41
The debt matters because the more debt we are in, the more we are sacrificing future labor in order to get services now. And the services we are getting are not usually worth it. And the labor we are sacrificing isnt necessarily are own. It's our childrens and our grandchildrens.
In other words, we are selling our posterity into slavery for what we want and refuse to do for ourselves. How can a people be free if they can't labor for what they want?
On top of that, we are devaluing our currency. The more money we spend, when we don't have it. the less our currency is worth. What does it matter if we are making millions more if those millions can only buy the equivalent of a dollars worth in goods today?
If we want to build weath, we need to save, not spend. We need to lighten the burden on the taxpayers and pay our debts.
In other words, we are selling our posterity into slavery for what we want and refuse to do for ourselves. How can a people be free if they can't labor for what they want?
On top of that, we are devaluing our currency. The more money we spend, when we don't have it. the less our currency is worth. What does it matter if we are making millions more if those millions can only buy the equivalent of a dollars worth in goods today?
If we want to build weath, we need to save, not spend. We need to lighten the burden on the taxpayers and pay our debts.