" There is NO WAY we can get out of this mess by simply reducing government spending."
The spending till the deficit will be $20+ trillion in 8 years is why we have a problem, sonny.
What do you mean we cannot get out of this mess just by reducing spending?.............that is how we got here you fool!
If I get into personal debt by running up a bill of 10 million dollars in 8 years, are you going to accept my excuse that it was not possible to prevent me getting into this mess just by controlling my spending in those 8 years? Think now, very carefully about what I just wrote........this is your argument that just not spending the money would not have gotten us into our deficit mess in 8 years? Are you serious?
A simple economic lesson for you Mr. Liberal;
----If you spend a lot of money, for whatever good intentioned purposes, you have to pay it all back eventually.....and with interest, so you will be paying much more back than what you borrowed. There is no way around this, it is simple math.
So don't tell me we cannot cut enough spending to pay down the debt w/o huge tax increases, we just should not have spent so much.........then whaaaalaaa........we don't have to pay it back!
Obviously, some careful moderate spending to prevent terrible shock to the economy during a recession can be very helpful, but not spending trillions upon trillions upon trillions upon trillions, because you have to pay back even greater trillions upon trillions.
Just think about the equivalent of every household in the entire USA coughing up $60.00-90.00 a year for 2,000+ years (assuming each household lasts for 2,000+ years!) just to get anywhere near the total of what we will owe on the deficit by the time Obama leaves office ($20+ trillion)..........and this is just for the principle, it does not include the interest we will owe on it!!!!!
Still think it was worth spending THAT MUCH STIMULUS MONEY??? Well, you better be happy because you young'uns will be paying for the bulk of it for eternity.......congratulations. You see, you guy's just are not grasping what he has done to this country, because it is like a very slow growing cancer that you will not immediately feel..........but is incurable, and almost certainly fatal. Hopefully it really will not be fatal, but trust me we are getting very close to the point of no return on this.
I truly hope I am wrong and have overstated this situation, but I do not really think so......just think about the above level of payments every household would have to make to get a perspective of where we will soon be and it is not pretty.
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