Sunday, January 27, 2013

"Keep spending, that'll fix the recession."

"Keep spending, that'll fix the recession." That philosophy makes no sense.

I'd say most Americans have little money to spend in their families. But if we were to follow the government model to end our individual recession, then we should spend all that have followed by using our credit cards, right? However, to follow the government model more fully, we should take money from all of our neighbors and spend it (keeping a good amount for our own income). Then borrow money from the town next to us, which we will promise to pay back. Finally, we would also need to print up some money in our garage to put back out into circulation (not backed by any gold or silver).

Wake up Americans. It doesn't work like that for us and it shouldn't work like that for the government. Our tax dollars are our hard earned money being wasted away. 



We need to cut spending. Spending cuts often accelerate economic growth by freeing up resources for the private sector.

Other countries have benefited by cutting government spending. It's time that we do the same. It's time that we demand it.


Some then may say that we still need to spend money for national defense. Spending money to protect ourselves is one thing, but spending money for offensive purposes is another. We can make some cuts here.

Some might even say that founding our war machine and going to war with the Axis powers is what helped us out of the Great Depression. That is a myth. They might even say the New Deal is what boosted the economy. Yet again, that would be a false assessment.  


It's time to stop the blatant wasteful spending of our tax dollars in the name of "economic prosperity."   

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