I know I should stay away from politics, but I have to say something...
The idea of "spending our way out of debt" is the most ridiculous thing I've ever heard of. My personal experience has always been that when you spend your way into a hole, the best thing to do is tighten your belt and stop spending!
I've never paid off a $1000 credit card debt by charging another $1000, only by paying off the original debt, which meant I had to actually manage my money and exercise some self control.
I think it would be a nice thing if my government would actually make an attempt to rein in spending and live within its means, much as we common citizens do. I doubt it will happen though....
Out of the fire, into the - - - deep fryer?
4 years ago
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