Community | August 08, 2011 | 1 comment

The Federal Government Declares War on the Nation

source: http://batr.org/autonomy/080711.html

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wbradleyjr1
The recent debt limit congressional circus must be a new Twilight Zone episode written by a computerized program straight out of central casting. Rod Serling must be turning in his grave. A twenty-first century rewrite of his exceptional Seven Days in May screenplay is certainly in order, this time with a different ending. If there are any confused or co-opted worshipers of the federal government left, what more proof do you need that the bipartisan political criminal class is determined to destroy this nation? Not convinced that this assessment is correct; then you need remediable instruction in arithmetic. Increasing the spending with more borrowed money cannot reduce the debt. http://batr.org/autonomy/080711.html
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1 comment // The Federal Government Declares War on the Nation

  • TrishR
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      TrishR  

    • "Increasing the spending with more borrowed money cannot reduce the debt."

      Depends on what you spend it on. Creating living-wage jobs whose wage-earners will pay taxes & buy things subject to sales taxes, creating new & infrastructure that will support economic activity that will create taxable income, will reduce debt.

      Plus we can wait to pay some of the debt until we are not in an economic crisis & huge unemployment.

      Family budgets, which the Tea Partiers like to use as a model for federal spending, often include debt to improve the family's situation in the long run - Student loans, mortgages, home equity loans when used to improve the house, car loans so the wage-earners can get to work, job-interview suits bought on a dept store credit card, just to give a few examples. And it's not like none of us have ever had to put this week's groceries on a credit card because we have ot eat even though it's not payday yet.

    • 10 months ago
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