Younger People, You Realize that When Governments Always Spend More Than They Take In, It Create a Debt that You Will Likely Have to Pay?

The old people will be dead and you will pay the bills.

When governments spend on non-essential things for the support of life, they are not investing in capital, but ideology. While you may gain rights and privileges related to lifestyle, you could loose the ability to undertake the things you need to live (ie jobs, housing, food, transport, retirement, etc).

Increased taxes will not work on the rich, because those with means will just move their money to lower tax places. Where the money goes, investment will increase. Money goes to where it can make the most money.

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MushroomFaerie

I never spend more than what I have. Stupid people do things like that.
I'm not the government, i have nothing to do with it.
If the government wants to spend more than they have then they are stupid too.
What am i supposed to do about it? Who the hell is gonna listen?

okaybut · 56-60, M

@MushroomFaerie I am listening.

Burnley123 · 41-45, M

@MushroomFaerie A government is not a household. Why would anyone think the same patterns and rules applied?

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okaybut · 56-60, M

@JAYS21 The Republicans have not been much better.

okaybut · 56-60, M

@Burnley123 Money comes from Taxes. Taxes pay the debt interest. People have less money and it is harder to live. Seems pretty logical to me? Debt is increased suffering due to having less money to buy things you need.

OggggO · 36-40, M

@okaybut They've been objectively worse, actually.

MushroomFaerie

@Burnley123 what? Taking money that isnt there has the same results...debt. what are YOU talking about?
@JAYS21 Iam a lefty....you people that go on about lefties dont even really know what it means, your so set in your ways that you refuse to listen to anyone else, get set off by trigger words like left and feminism. Stop and listen, you'll find out that they are not what you think and that you had a closed mind all along

Burnley123 · 41-45, M

@okaybut Cuts in government spending reduce enployment, increase welfare payments and reduce taxes. It also reduces consumer spending, which cuts business profits, which means they lay off staff. Then additional unemployment, more welfare, less taxes and so in.

I repeat: a government (or national economy) does not behave like a household.

okaybut · 56-60, M

@Burnley123 I repeat money is money. In Canada an average household of four does not have $7000 after tax dollars. It does not exist, because it goes to pay interest on our debt.