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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (112825)	4/26/2012 8:57:33 AM
From: RetiredNow	Read Replies (1) \| Respond to of 149317

So your solution is to keep spending money no one has by just printing as much money as the government wants to spend, until we get Weimar outcome. What idiocy. What balancing the budget does is simply remove the unsustainable stimulus of the massive deficit spending that countries around the world have been doing for way too long. OF COURSE THAT RESULTS IN A REDUCTION OF GDP! But GDP is not the measure of the wealth of a country. Wealth is not created through spending. Wealth is created through savings and investment. What we need for prosperity is SUSTAINABLE growth, not growth from money printing.