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Asking to reduce spending in a shut down economy is like asking to fly by digging your way to the center of the Earth

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Asked By: cpgnatly 41-45, M  5 months ago

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3 Answers to "Asking to reduce spending in a shut down economy is like asking to fly by digging your way to the center of the Earth"

  1. Jamboreeguy - 61-65 years old - male

    Posted by Jamboreeguy Jan 17th, 2013 at 10:26AM

    I'm not entirely sure what you mean by that, but the time to pay down a deficit is in boom times, not down times. The booming dot com economy during Clinton times coupled with relatively conservative budgets led to surpluses. Down times are down because there is not enough monetary circulation in the economy so reducing the federal budget just makes matters worse. I believe if you go back in history to the few surplus years since WW2, you will find a booming economy each time. The public needs to demand conservative budgets every yearof a bull economy. The pols need to resist the temptation to just spend the extra revenue. Cutting taxes during wartime like Dubya did for the first time in our history is not a good idea either except to make people happy in advance of upcoming elections.

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  2. cpgnatly - 41-45 years old - male

    Reply by cpgnatly Jan 17th, 2013 at 10:38AM

    You have fallen for the trap. It's actually quite simple. Land lords make sure peasants feel in debt by using interest. When land lords collect all the dollar bills or gold coins from the peasants they don't really use, they basically ask those peasants to starve. Two organizations know how to take those dollars or gold coins out of the bank and put them back into circulation. The first was the French Revolution and the second was the Nazi Party. Both of these organizations physically seized the saved money and put everyone back to work with it. The land lords that witnessed these revolutions spent their bank accounts to crush the respective movements and the ensuing recirculation of money resulted in economic activity as land lords set up business schemes to recollect all the debt they released to hire armies to crush the revolutions. Debt is perception. It's not a real entity. Debt is like lines drawn on a map. The lines aren't real and only change behavior because people's brains give them credit.

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  3. Jamboreeguy - 61-65 years old - male

    Reply by Jamboreeguy Jan 17th, 2013 at 10:43AM

    Well, I respecffully disagree and stick to my contention, but I propose we don't debate about it.

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  4. tonyt53 - 56-60 years old - male

    Posted by tonyt53 Jan 17th, 2013 at 10:20AM

    Pretty much so.

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  5. petiterebel - 18-21 years old - female

    Posted by petiterebel Jan 17th, 2013 at 10:18AM

    If I opened my wardrobe to be greeted by a black smock and sandals, I'd bomb myself to. Fun fact, no suicide bomber has worn Marc Jacobs.

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  6. cpgnatly - 41-45 years old - male

    Reply by cpgnatly Jan 17th, 2013 at 10:21AM

    I guess one day you'll have to explain the relevance of this and what it means.

    Like (1)

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