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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThe Biggest Lie that the Republicans have sold to this country
Simple..The U.S government debt is very similar to a family debt.
It would take a while to show how stupid and wrong this is.... but,
.........the Republicans have sold this one for at least 35 years or more. It is a horrific lie.
The U.S.A debt is actually getting smaller as we go on, and actually
we could eliminate the debt completely, if we went back to the 1950s tax rates.
but... Republicans lie, and they know it. And they care less....
It is who Republicans are and what they are. But the argument on the surface sounds logical.
Yet.. this is the foundation of most of the budget battles, and our current problem. One
huge fucken lie.
JaneyVee
(19,877 posts)Stuart G
(38,445 posts)Response to Stuart G (Original post)
conservative555 Message auto-removed
JaneyVee
(19,877 posts)Let the rich fight their own battles.
In_The_Wind
(72,300 posts)[img][/img]
In The Wind
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CJCRANE
(18,184 posts)That is in part helped by government spending and investment, then taking some of that money back in taxes, then putting it into the system again.
I also have a feeling that government spending and organization is the bedrock of a first world economy. Once you shrink the government down past a certain point then a country starts to deteriorate.
I don't know what the perfect proportion of government/private investment would be to create the most stable yet dynamic economy* (whether it's 30/70, 40/60, 50/50 or whatever) but, whatever it is, the Republicans and other conservative austerity proponents want to take us past the point of no return.
*This also includes strong national defense and security including reliable infrastructure etc.
Stuart G
(38,445 posts)They didn't mind it circulating when Bush got us into war. It was circulating into the war chest of big business. They also didn't mind it ciruculating when it came to big money cashing in with the housing boom..Stupidity and greed created the boom, and it could be seen there was going to be a bust..and there had to be a bust...
..When Obama got in, the assholes turned off the faucet to destroy his presidency. It didn't work then, and I do not think it will work now. With the "Do Nothing Republicans. They are betting that the debt lie will work. I don't think so. But we will see.