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To: rlmorel

They are probably a little confused that things aren’t better after all this spending. They all learned from Econ 101 on in college and grad school that debt spending will increase the growth rate of an economy. Too brain dead to apply common sense and compare it to an individual. A little bit of debt is not good, but is manageable for a household. Too much debt and you are bankrupt and ultimately can’t get any more credit.


6 posted on 04/05/2010 3:30:34 AM PDT by Woebama (Never, never, never quit)
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To: Woebama

“Too brain dead to apply common sense and compare it to an individual. A little bit of debt is not good, but is manageable for a household.”

A reasonable amount of debt (corporate bonds) is not a bad thing for a corporation, but no one would say that an unmanageable morass of debt, like the fed socialists have brought to us, is a good thing.

They are also too brain dead and too blind in their lockstep belief system to ponder the instances throughout American history where tax cuts produced long periods of economic prosperity in this nation.


25 posted on 04/05/2010 11:39:06 AM PDT by SeattleBruce (God, Family, Church, Country - Keep on Tea Partiers - party like it's 1773 & pray 2 Chronicles 7:14!)
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