Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#121
|
||
|
||
Quote:
|
|
#122
|
||
|
||
What does that have to do with what I posted? The spending increases all the time and every year the more tax people clamor for more tax to support the spending. If you don't believe politicians buy votes with their spending you are deluding yourself. Why do pork projects get added to finance special interest projects in their districts? I'll make it real easy, to get votes.
|
#123
|
||
|
||
I don't know. I guess the only way to balance the budget is for the voters to demand it. Not likely. But, if the constitution had included a balanced budget mandate, I think Congress would have still found a way to circumvent it.
|
#124
|
||
|
||
It would help if we stopped giving money away like candy. PBS, Kennedy Center for example? $100,000,000 grant. How does this help Americans? Still sending money to other countries, most still hate us but will take our money (bribes?).
Last edited by Bay Kid; 04-17-2020 at 07:51 AM. Reason: sp |
#125
|
||
|
||
He balanced the budget, but did not eliminate the debt
|
#126
|
||
|
||
I'll be the 1st to admit I am not an economist but today I read an long article about the relationship between government spending, the Treasury, and the Federal Reserve. They were trying to explain in terms even I could understand how the Fed monetizes debt. I really was shocked to believe this was legal. I think I now understand why stock market is recovering regardless of record unemployment and record federal debt. I guess I question if stock market is a good long term investment. CD's and savings bonds will never pay more than 1% until some kind of crash occurs. Like I said I'm not an economist.
|
#127
|
||
|
||
Quote:
|
Closed Thread |
|
|
Thread Tools | |