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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: Carolyn who wrote (87376)7/10/2010 2:14:22 PM
From: chartseer  Read Replies (1) | Respond to of 224729
 
oh bummer! Everyone knows if you lose your job you should spend more than when you were employed since that will increase the likely hood of your creating a job you can than fill. Only if you then cut back on your spending chances are you will diminish the need for a job and you then may very well lose your newly acquired job. Damn that damn capitalism with it's vicious cycles. We need a system that removes all those vicious cycles.

Don't worry! Be happy!

the stupid hopeless comrade chartseer in the new era of those chicago politicians running and ruining the nation and it's economy



To: Carolyn who wrote (87376)7/10/2010 3:08:03 PM
From: Jorj X Mckie  Read Replies (2) | Respond to of 224729
 

Common sense tells me to cut back if I do not have the money.

Do you run your household like that? Spending even if you do not have the money?


The fact that there are people who don't understand that the same rules that apply to individuals also apply to large economies, astounds me. If you spend money that you don't have during hardship, eventually you have to pay that money back...with interest. It may give a temporary bump to the economy, but in the long run it puts you (us) in a deeper hole.

The fiscal policy of spending during a recession is akin to kiting checks to pay off credit card bills that you used to pay for some redecorating of the house.



To: Carolyn who wrote (87376)7/10/2010 4:59:41 PM
From: Kenneth E. Phillipps  Read Replies (2) | Respond to of 224729
 
The national economy is very different from my household economy. I can't print money.