To spend or save?
- Thread starter LiberalDemocraticTom
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Well spending what you don't have is wise; because in turn, you'd be in debt.
But spending would help reduce taxes and improve the economy. Saving is great, but spending is better.
But spending would help reduce taxes and improve the economy. Saving is great, but spending is better.
Tried that a few years ago. Went bankrupt and damn near lost my house. It does not work and I will never do it again.
Well I'm sorry for your near loss. 
Hopefully some can help improve the economy, because at the moment, Obama ain't doing too well, and Bush screwed up before Obama went into office.
Truly, though, it's not the presidents' faults. Only the republicans.
Hopefully some can help improve the economy, because at the moment, Obama ain't doing too well, and Bush screwed up before Obama went into office.
Truly, though, it's not the presidents' faults. Only the republicans.
Yeah everything that ever went wrong was our fault.
What happened since Nancy and Harry have been in "leadership"?
A lot has happened. All I can say is, when she said "It's rough around here," she was nothing but right. :unsure:Yeah everything that ever went wrong was our fault.
Then she needed to stop playing politics and do something really helpful. I don't think any of them have done much to be proud of recently. On an up or down vote I can't think of any that I would keep in office from either team.
And I really wish I felt more hopeful.
Well here's what I think...
Why don't we do what we can as citizens to better the economy, and those in Washington can praise us... Praise us for going out of our way as citizens (not politicians) to help our country, and buying everything out. :giggle:
Why don't we do what we can as citizens to better the economy, and those in Washington can praise us... Praise us for going out of our way as citizens (not politicians) to help our country, and buying everything out. :giggle:
Or just send them all home to retirement or to find a real job. Put congress to work and get their hands out of out pockets.
That would be a good deal... Lobbyists keep the politicians' hands in their pockets. Truly, though, they can keep all of our hands in our pockets. Why? Because we all have a price. And lobbyists only offer the best.
See that is the problem. There is a lot of money flying around and none of it is sticking to me! They need to pay if they want me to play!That would be a good deal... Lobbyists keep the politicians' hands in their pockets. Truly, though, they can keep all of our hands in our pockets. Why? Because we all have a price. And lobbyists only offer the best.
Run for county executive, or a little position in your town. :giggle:
I would love to be offered $500,000, a vacation three times a month, house on the hills, and a Maybach to be chauffeured in. :smug:
I would love to be offered $500,000, a vacation three times a month, house on the hills, and a Maybach to be chauffeured in. :smug:
There is an old saying that it is wise to save for a rainy day. Indeed, to practice thrift is both wise and virtuous. In this, however, one must be cautious of others; for those with money on their hands shall not be wanting for advice on how to spend it wisely. Nothing in the affairs of men is certain, and prudence is the only guard against misfortune; for it is also said that a fool and his money are soon parted.
We should be saving. The government should also be saving and paying off its debts, not passing stimulus after stimulus. Historically, savings have led to growth and prosperity and spending when in debt has never been able to sustain growth.
And Tom, you can say this Democrat did this or this Republican did this, but if you look at the actual policies held during Bush's time in office, they were far from Republican ideals. They were heavily regulated and government interfered markets which caused distortion and the bubble. Guess who is currently doing a similar thing on perhaps an even larger scale?
And Tom, you can say this Democrat did this or this Republican did this, but if you look at the actual policies held during Bush's time in office, they were far from Republican ideals. They were heavily regulated and government interfered markets which caused distortion and the bubble. Guess who is currently doing a similar thing on perhaps an even larger scale?
Hypothetically, the people who can should spend.
If the people who have little money spend, then horrible things can happen to them - bankruptcy, malnutrition, repossession...
Money has to be spent, however, if the economy is to get back on its feet. If money isn't spent, then horrible things could happen with much the same results - downsizing, demotion, pay cuts, unemployment...
But it's nothing to do with us - the lower classes - we'd do best making sure we have enough.
Agreed, but spending by those who do have money to spend. Especially the 1% wealthy in the United States, who gained probably by all of the bail-out money that got voted in January of last year. Instead of "spending" the bail-out money, it went straight into Wall Street, and you can take a guess who gained most by it?
There are those who would live on nothing a year - and live well at that! Their lives are tangled affairs. Indeed, there is nothing more complicated than a debtor’s finances. Theirs is the bank of empty promises. (They would gladly pay you if someone would but lend them the money.) And they eschew charity - their pride will not suffer it - but then what is a loan unrepaid but charity at sufferance? It would be uncharitable to take them to law for it would only reduce a bankrupt to beggary.
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