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Originally Posted by Guest
For just one moment, try to act on logic, instead of your emotional hatred of minorities...and read my links so you can educate yourself (if that's even possible). 
What happens when a government sharply curtails its spending?
Maybe that's too tough of a question for you, so I'll simplify it... what does a government spend its money on?
I'll even give you the answer.
Goods, services, materials and wages.
So even you, with limited cognitive reasoning skills, should be able to figure out...what happens when those expenses are sharply reduced.
The 'deficit' is simply the yearly difference when what the government takes in...is less than what it spends.
What it 'takes in,' is mostly dependent on the economy (two-thirds of which is consumer spending)...and having people/companies working to add to the coffers.
By cutting too deeply, all of a sudden you no longer have the same amount coming in (less people working/less goods/less services/less materials)...so the 'cuts' are not linear.
As I said previously however, that doesn't mean you can do it in an uncontrolled manner... as that is unsustainable.
But the fact that we are STILL the economic engine of the world, is pretty clear evidence that our nation's economics/debts/deficits...ARE NOT the same as an individual's.
Those that keep trying to apply the same principles of a nations economics to the more simplistic metrics of personal debt... are totally missing the boat. |
You KNOW nothing...WHY? Because you get your information from those who are controlling things.
We are caught up in a spending/debt spiral. We CAN'T stop spending because half the "economy" DEPENDS on government spending. That's my point...the government has blown bubbles and if it stops infusing cash, they pop. We also CAN'T afford to keep spending.
And WHY does the economy DEPEND so heavily on government spending? THAT is the problem. EVERYBODY depends on the government and that shouldn't be.
And that deficit along with the debt, keeps growing and growing...the ONLY reason we get away with it is we have a military in 170 countries keeping their boot on everyone's neck. How long do you think the deficit can keep growing? Forever? $100 trillion? $1 googolplex? They PRINT money to pay the interest. It WILL end, it's NOT sustainable.
So you DO agree with me, it can't go on...so why are you arguing with me? Over some stupid details?
We are NOT the "economic engine"...we are the FINANCIAL engine. Our "economy" is consumers buying crap made in China and other countries...services...consumables.
National debt is ONLY different from consumer debt in that sovereigns can print money to "pay" the bills...so their day of reckoning comes later.
No...you are missing the boat (?). More like missing the point. The "boat" is nothing but greedy men running a ponzi that makes them all very wealthy. Our economy/financial system is no different than a religion...it all runs on faith...nothing more.
BTW...I don't "hate" minorities...I hate what they do...their actions. You tell me how you support half the country receiving some benefit from the government. Whites are 49% now. The minority CAN'T support the majority. Only 1/3 the population is in the workforce.
There is NO minority majority country that could be considered a successful country. That is where we are heading. We have less than 30 year to REALLY do something to save America...Normal Rockwell's America...MY America. I really don't care WHAT blacks and Hispanics want...they've NEVER created a successful modern civilization.