RyanPaulShaffer
Diamond Member
- Jul 13, 2005
- 3,434
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Originally posted by: JulesMaximus
We are here because we, as a people, are awakening to the danger of a government that spends too much and borrows too much and taxes too much, because we know what that means.
We know that you can't spend your way rich.
We know that you can't borrow your way out of debt.
And we know that you can't tax your way to prosperity.
Personally, I'd like to know how the current administration is any different than the Bush administration was. Yet now all of a sudden massive spending is a problem? Why didn?t we ?wake up? 8 years ago?
I don?t get it.
Do you understand the concept of a "budget deficit"? Methinks not.
People complained about Bush running a budget deficit in the hundreds of billions (while fighting a war).
You ain't seen nothin' yet!
In the last 100 days, trillions of dollars have been spent that we don't have. Where do we get that money from?
1. Print money (thus oversaturating the dollar and leading to the dollar devaluing and inflation)
2. Borrow the money from other counties (billions from the China, for example)
3. I forgot #3...raise taxes. It's coming. Cap and trade, for example.
If you don't see the problem, then there is no hope for you. This is simple economics...high school stuff.
