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To: expat_panama

Government overspending is the same as increased taxation since government can only spend money it takes from the people through taxation (taken now), borrowing (taken later), or by printing new money (inflating or debasing the money, which is a hidden tax)


2 posted on 06/15/2016 6:17:19 AM PDT by captain_dave
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To: captain_dave
...government can only spend money it takes from the people...

It never ceases to amaze me how few understand this.   Part of the problem is the straw-man anarchist that the left slaps on the right.  You and I understand that we must have a rule of law and that our courts must not be driven by 'profit'.  We've always understood it.  Yet the crazy left still accuses us of calling for "unfettered capitalism".

5 posted on 06/15/2016 7:01:29 AM PDT by expat_panama
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