Msg. 17404 of 54959 (This msg. is a reply to
17403 by
Cactus Flower)
Jump:
I figured you would respond like you did when I threw in raising revenue via a 2nd PT job rather than raising taxes. Is a government like a household? Could be, depends on the governmen, many apply the concepts I outlined. Most U.S States do, as do counties, cities and school districts. Do you think that a government shouldn't attempt to manage using budgets and they shouldn't attempt to operate within the budget they adopt? Should there not be some constraint on how much a government be in debt? $20,000/ Household? Or how many continuous years they can have deficits? 1 generation? Common sense tells me there must be or maybe Greece will be fine and the EU will forever bail them out.
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