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#1 This simple point needs to be repeated over and over. You can always spend more, but there isn't always more money to tax.
The other things that really grates is that when government borrows money it is essentially taxing future generations -- i.e. people who can't yet vote. Taxing people who can't vote to give goodies to people who can is anti-democratic. It represents a fundamental breakdown of our system of government.
Posted by Iblis 2012-04-25 14:39||
Posted by Halliburton - Mysterious Conspiracy Division 2012-04-25 15:20||
#3 See also 'Ponzi Scheme'.
Posted by CrazyFool 2012-04-25 15:56||
#4 Government mainly has a government problem. They're just too darned big.
Posted by crosspatch 2012-04-25 16:37||
#5 I agree with H-MCD. We're spending too much and if more folks were working there wouldn't be a revenue problem.
Posted by tipover 2012-04-25 21:32||
#6 Lets ask Russia ....
* TOPIX > [DPM Rogozin] RUSSIA SAYS "5-12" YEARS BEHIND IN DEFENSE ELECTRONICS. Needs more $$$ support from Moscow.
Methinks Rogozey Babey answered the question - gave the cause to the problem.
Posted by JosephMendiola 2012-04-25 23:48||