Economics Nutshell
March 14, 2009 – 3:40 pmThings aren’t as complicated as the Obamessiah’s crew of statists and their media lapdogs would have you believe.
It is really quite simple (not simplistic).
Every dollar that the government spends must be taken from someone else. In order to spend a dollar the government must either increase taxes on someone or borrow the money and increase the national debt.
Why won’t the politicrats acknowledge and use this simple truth? It would interrupt their plans to abscond with your liberty.
Sorry, comments for this entry are closed at this time.