If the Democrats don't stop their drunken spending it will never get better in my opinion.
So not pumping money into the economy would have been better?
Not pumping money we don't have would have been better. The cost of the loans on that money seems to have just been ignored.
I am a believer in "if you are in a hole stop digging".
Not pumping money we don't have would have been better. The cost of the loans on that money seems to have just been ignored.
I am a believer in "if you are in a hole stop digging".
I don't agree with state capitalism at all but i might point out that a Keynesian would argue it's more like "if you are swimming in deep water, stop moving". Obviously, you wouldn't do that - or you'd drown. It's true that the Government is by no means using Keynesian theory properly, but a Keynesian would argue that it's better than nothing. The next question is whether it's a good idea to give a bunch of greedy capitalists public money to reward them for screwing up the economy. Thanks to the misuse of Keynesian economic theory, however, they can (and frequently do) pay themselves loads in bonuses from your tax-money.
Oh yes, and the public debt system has been around for centuries.
I found in my own life that you can not spend your way out of debt. I once fell into the trap of paying bills with borrowed money. When I hear someone say things like, "if I could just borrow $2500.00 I could get out of debt" I almost laugh.
We have had it rough the last few years, but we are on a strict pay as we go. If I can't afford it at "regular" price I sure can't afford it with interest. If I was young and healthy I would never borrow money for anything unless it was for something that would make money. Like a truck for hauling or a tractor for farming. Even a building for business. But not for a really nice 450HP car just to show off with. But that is just me. I think all this spending is out of control and makes us less instead of more.
Oh no, you've quite missed the point there.
Nobody up there cares about the debt. Businesses won't have to pay for it. Politicians won't have to pay for it. You'll have to pay for it. David will have to pay or it. Dean will have to pay for it.
The point is to help businesses. It's got nothing to do with relieving national debt. You have to pay off the national debt. The point of the exercise was to fix the economy - they clearly... erm... "forgot" to tell you that it's at your expense.
Oh no, you've quite missed the point there.
Nobody up there cares about the debt. Businesses won't have to pay for it. Politicians won't have to pay for it. You'll have to pay for it. David will have to pay or it. Dean will have to pay for it.
The point is to help businesses. It's got nothing to do with relieving national debt. You have to pay off the national debt. The point of the exercise was to fix the economy - they clearly... erm... "forgot" to tell you that it's at your expense.
And they wonder why I don't support them!
You know I'm all for fixing the economy but maybe we should let it fail as a n excuse to start with a clean slate.
I can go with that. I have had things go wrong that I was trying fix. And the harder I tried to fix it the worse it got. I think you may be on to something. Just clean the table and start over.
You don't support the Republicans either, i presume, then? Since Bushy started the whole furore.
Bush could and should have done better. I think most anyone could do as well as what we have now. Too many on both sides are either crooks or spineless. Some are both. I do get cranky when anyone sticks their greedy hand in my pocket.
I do get cranky when anyone sticks their greedy hand in my pocket.
I know what you mean. I hate all politicians as well.
Correction, no one gets to pay, the United States is basically selling itself to the largest bidders, who currently are China and Japan.Oh no, you've quite missed the point there.
Nobody up there cares about the debt. Businesses won't have to pay for it. Politicians won't have to pay for it. You'll have to pay for it. David will have to pay or it. Dean will have to pay for it.
The point is to help businesses. It's got nothing to do with relieving national debt. You have to pay off the national debt. The point of the exercise was to fix the economy - they clearly... erm... "forgot" to tell you that it's at your expense.
