It is obvious you have no understanding of how macro-economics works. Our economic system depends on full exploitation of all resources to maintain economic growth. When it falls into a recession all growth ceases. Consumer confidence and spending plunges along with confidence in the stock market. The velocity of spending, exploitation, leveraging, and speculation are some of the driving factors. The only time government spending hinders growth is when government borrowing competes with the private sector to drive up interest rates. This has not occurred yet. Stock market speculation is vigorous. The two major restraining forces right now are energy and the housing market bubble burst. Now you and your tea-bag Republican cronies are advocating adding austerity measures to the mix of restraining forces. The bottom line is you are asking to plunge the already fragile economy back into a depression.<quoted text>Nope, enough will never be said about the how and whys we are destroying our economy. Bush was at fault for not at least using the veto over expenditures. The Congress is at fault for voting in expenditures to insure re-election. Our Congress is completely devoid of anyone that understands economics.
An individual cannot spend more money than he has earned in the long term and neither can a nation.
Our govt. is totally out of control and we are heading toward the day when it will collapse.
Best you start stocking up on vegetable seeds and hoarding precious metals since the welfare state is coming to an end.
You must be kidding me.