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To: 2banana

>>>Funny how cutting government spending never is talked about

I oppose government spending, just like you. But I believe that a tax-and-spend society is better than a borrow-and-spend society.

America used to be the nation that lent other countries money. Today, America is borrowing from the Chinese. Then the Obama administration is printing money to pay back the Chinese, which is eroding the savings of Americans through inflation.


13 posted on 11/17/2010 1:53:17 PM PST by pinochet
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To: pinochet

“I oppose government spending, just like you. But I believe that a tax-and-spend society is better than a borrow-and-spend society.”

I believe in borrowing to spend on projects with a positive ROI. The problem is that government borrows money on things with a negative ROI.


18 posted on 11/17/2010 3:04:49 PM PST by ari-freedom (Islam is at war against America, while America is at the mall.)
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