Quote:We should just start from scratch, make them all get in a room and start listing priorities one by one. Once the money's gone that's the stuff getting cut. It'll never happen but that's how the rest of us do our budget.


Gotta keep a roof over the head, food on the table, clothes on our back and transportation as Dad would say.

Macro economics and government spending is nothing like individual budgeting. No offense, but it's a pet peeve of mine when this analogy is made because it's not just simplistic, but flat out wrong...


There's so much that a government can do that a household can't. Increase the money supply, Lower interest rates, raise taxes, adjust treasury bonds, nationalize sectors of industries, etc... not only that, but governments are considered a going concern, they have no finite "retirement", or end, to their activities. That type of immortality, if you will, alone makes the comparison not accurate at all..

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