Talk of The Villages Florida - View Single Post - Nobody Is Stealing Your Jobs, You Spend Too Much On Wars
Thread: Nobody Is Stealing Your Jobs, You Spend Too Much On Wars
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Old 05-27-2017, 07:44 PM
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So we were in the worst depression in our history with the future not looking too good. We got into WWII and the economy turned around and we haven't had anything like the great depression since. We've had a few recessions that were short lived and mild compared to what happened in the 30's.

How is it that this deficit spending was so bad? How is it that it never really collapsed?

I'm not a fan of deficit spending but it can be made up for in future years, especially if it helps the overall economy to grow.

The problem that we have in this country is wasteful deficit spending year after year after year.
As long as EVERYONE plays along...it could go on a long long time. Everyone thought owing $ millions was unsustainable...then we thought owing $ billions was unsustainable....now we think owing $ trillions is unsustainable. Where IS the limit? IS there a limit IF everyone keeps playing?