Skip to main content
No. of Recommendations: 4

How can this be???? A healthy government that is spending less than it makes "CAUSES" a recession? What crack is being smoked, and who's not sharing it?!?!?!!


I think the crack that's being smocked is called the greenback, and you know very well who's not sharing it ;-)

The comment is a little cryptic but very right. Every dollar the goverment spends ends up in a pocket. The services the government buys are supplied by businesses that employ millions. The transfer payments go to non-working citizens and are immediately exchanged for goods and services provided by yet more businesses. The interest payments float the financial industry, which pays the best salaries with it and accounts for about a quarter of the overall consumption.

Any cut in spending will result in lost profits, either directly if you cut the pork, or indirectly if you cut the transfers. Businesses will cut back and there will be a recession.

It's better not to be addicted to crack, but once you are, cold turkey may not be the smarter course of action. Unless the sight of long, long lines behind soup kitchens and national guardsmen fighting their way through barricaded cities is your idea of "a healthy government."

Regards,
Capitanfracassa
Print the post  

Announcements

This is a Politics Free Board
Politically charged posts are not permitted on the Metar Board. If you make a political post, and it is alerted, the post will be removed. Thanks!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.