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To: ari-freedom

>you have to balance the budget. Cut spending and permanently cut taxes to grow the economy.

That is true, but you can’t “balance the budget” like they do in Congress; they need to go back to the Rules of Basic Economic Stability:
1) Do NOT spend money that you do not have.
2) Do NOT live beyond your means. (Do NOT spend more than you make.)
3) Repay your debts quickly. The borrower is servant to the lender.)
4) Consider the cost of a purchase.
5) Do NOT risk what you are not willing to lose.


67 posted on 12/01/2008 1:57:52 PM PST by OneWingedShark (Q: Why am I here? A: To do Justly, to love mercy, and to walk humbly with my God.)
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To: OneWingedShark

You also have to think about the future. You can’t just say you balanced the budget this year by plugging a few holes when you know you’ll have an enormous deficit 5 years from now because you didn’t want to deal with medicare.


76 posted on 12/01/2008 7:32:20 PM PST by ari-freedom (Conservatives solve problems. Libertarians ignore problems. Liberals create problems.)
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