Author Topic: Why Government is in Debt  (Read 1375 times)

Dos Equis

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Why Government is in Debt
« on: March 16, 2016, 04:43:17 PM »
About five years old, but a solid, simple explanation:  we spend more than we take in.


Agnostic007

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Re: Why Government is in Debt
« Reply #1 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..

Dos Equis

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Re: Why Government is in Debt
« Reply #2 on: March 17, 2016, 10:57:05 AM »
I would add that contrary to Bernie Sanders line of thinking, it's not because they don't take in enough..

Completely agree. 

SOMEPARTS

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Re: Why Government is in Debt
« Reply #3 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.

WOOO

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Re: Why Government is in Debt
« Reply #4 on: March 17, 2016, 05:07:26 PM »
You cannot run a capitalist economy without mounds of debt and wage slaves.

tonymctones

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Re: Why Government is in Debt
« Reply #5 on: March 17, 2016, 06:56:19 PM »
You cannot run a capitalist economy without mounds of debt and wage slaves.
Do tell professor

Coach is Back!

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Re: Why Government is in Debt
« Reply #6 on: March 17, 2016, 10:37:59 PM »
You cannot run a capitalist economy without mounds of debt and wage slaves.

Common core? lol

Coach is Back!

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Re: Why Government is in Debt
« Reply #7 on: March 17, 2016, 10:39:05 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?

dr.chimps

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Re: Why Government is in Debt
« Reply #8 on: March 18, 2016, 02:31:33 AM »
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?