at some point many of the folks on this forum will have to understand the country can not spend it way out of the fiscal disastor that it is in.
Just look at your own home finances. You have to balance your budget. That means expenses (money spent) cannot exceed revenues (money coming in). Just think if there was no limit on what you could spend.....on anything you ever wanted and for all your loved ones as well. Just keep going to the bank and ask for more money when you run out. The bank would keep a running tally on what you owe....and they do not ask you to pay anything back. After a while you would owe so much money you will never be able to pay it back.
Now why is it so difficult for people to understand that is exactly what this country is doing. They are borrowing 40 cents of every single dollar they spend. Why is that OK with so many people?
btk
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