Skip navigation

If the government was a household.

If the government was a household, it would have to balance it’s income with its expenses.

If the government was a household, it would at least have to have income commensurate with its debt payments.

If the government was a household, it wouldn’t be able to afford all that waste.

Except, the government isn’t a household.

The government has a printing press which allows it to create dollars to make its interest payments.

The government doesn’t need income in order to spend.

The government doesn’t need to balance its income with its expenses.

In fact, when the government balances its income with its expenses, recession and depression nearly always result.

 

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>