Quote:
Originally Posted by Orruar
[You must be logged in to view images. Log in or Register.]
If you want to invalidate an analogy, you'll need to actually point out how the analogy fails, and not just claim it fails and call it a day. Or are you on the intellectual level of iruinedyourday, who doesn't even warrant responses to his inane posts?
|
I have neither the time nor the inclination to disabuse you of the notion that government debt is the same as kitchen table bill paying. If you want to believe something so dumb, by all means keep at it. I'll be here to ridicule you.
Please do not trash our fellow posting pal IRYD, it's quite rude.
Quote:
Originally Posted by Orruar
[You must be logged in to view images. Log in or Register.]
And to drive a nail in the coffin, we're not growing revenue faster than debt. GDP growth has been anemic for the entire "recovery", while debt has continued its rocket-like trajectory.
|
Funny, GDP has grown just fine every year in the last ten, except for the 2008/2009 crash when it shrunk slightly.
Maybe revenue is the issue and Bernie has the right goddamn idea - if we raise taxes, we won't have to borrow all that money you're so worried about paying interest on?
Isn't that the most elegant solution - increase government revenue so we won't have to 'waste money' on those pesky loans you're so frightened of?