thereisnospoon
Gold Member
If a household is spending more than it can afford then should it get an extra line of credit or should it cut spending?
Why is the government any different?
Cut spending. Live within your means. Stop buying things just because you want them. Save for a 'rainy day'.
The problem with the federal government is it can print new currency which devalues the Dollar. It is also why the US Dollar is at or near 30 year lows vs major currencies.