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Getbig Main Boards => Politics and Political Issues Board => Topic started by: Dos Equis on March 16, 2016, 04:43:17 PM

Title: Why Government is in Debt
Post by: Dos Equis on March 16, 2016, 04:43:17 PM: About five years old, but a solid, simple explanation: we spend more than we take in.
Title: Re: Why Government is in Debt
Post by: Agnostic007 on March 17, 2016, 10:41:47 AM: I would add that contrary to Bernie Sanders line of thinking, it's not because they don't take in enough..
Title: Re: Why Government is in Debt
Post by: Dos Equis on March 17, 2016, 10:57:05 AM: Quote from: Agnostic007 on March 17, 2016, 10:41:47 AM
I would add that contrary to Bernie Sanders line of thinking, it's not because they don't take in enough..

Completely agree.
Title: Re: Why Government is in Debt
Post by: SOMEPARTS on March 17, 2016, 01:24:51 PM: The entire world economy is based on perpetual growth model. It requires in place of actual growth an increase in money supply by whatever means necessary and debt is a huge part of that. If they tried to balance anything it all would crash in a deflationary spiral. They will run it up past the point of anything the world could produce in hundreds of years in the future. At that point there will have to be a reset. Hopefully I'm dead and gone beforehand because that reset is the Mad Max era.
Title: Re: Why Government is in Debt
Post by: WOOO on March 17, 2016, 05:07:26 PM: You cannot run a capitalist economy without mounds of debt and wage slaves.
Title: Re: Why Government is in Debt
Post by: tonymctones on March 17, 2016, 06:56:19 PM: Quote from: WOOO on March 17, 2016, 05:07:26 PM
You cannot run a capitalist economy without mounds of debt and wage slaves.
Do tell professor
Title: Re: Why Government is in Debt
Post by: Coach is Back! on March 17, 2016, 10:37:59 PM: Quote from: WOOO on March 17, 2016, 05:07:26 PM
You cannot run a capitalist economy without mounds of debt and wage slaves.

Common core? lol
Title: Re: Why Government is in Debt
Post by: Coach is Back! on March 17, 2016, 10:39:05 PM: Quote from: WOOO on March 17, 2016, 05:07:26 PM
You cannot run a capitalist economy without mounds of debt and wage slaves.

Would you run a business or even your own house hold with this philosophy?
Title: Re: Why Government is in Debt
Post by: dr.chimps on March 18, 2016, 02:31:33 AM: Quote from: Coach is Back! on March 17, 2016, 10:39:05 PM
Would you run a business or even your own house hold with this philosophy?
Hmm. A guy with 4 marriages questioning, like, anything, is like retarded. Are you even capable of self-awareness?