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1 posted on 02/01/2013 11:03:18 AM PST by Kaslin
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To: Kaslin

Everything can be summed up into one little four letter word: DEBT.

We have waaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaay toooooooooooo much of it, private and public.


2 posted on 02/01/2013 11:07:09 AM PST by Trapped Behind Enemy Lines
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To: Kaslin

Here is something scary you won’t hear in the press and the LIV (Low Information Voter) will never think about.

Our Federal government is now so large a part of our economy (by current calcs) that their spending affects the GDP. When they “don’t spend so much” the GDP slows.

They have been pumping for so long to inflate the numbers that any curtailing of spending going to affect the US economy and GDP.

We are officially hooked. Our economy is now partly dependent on our FED spending tax dollars they don’t have. The whole GDP calculation has to be re-worked for the private sector.

Remember, the FED produces nothing that creates wealth. They have no product or service that can be used, bought, sold or traded. The FED cannot create wealth.

At least when you things, it provides heat and light. Heat and light can be sold and is usefull. In this way, burning piles of money would be more useful than sending money to the FED.


3 posted on 02/01/2013 11:14:19 AM PST by Tenacious 1 ("The Brittish are Coming (to confiscate weapons)" - Paul Revere (We know how that ended))
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To: Kaslin
"Technology, especially robots, currently eliminates more jobs than it creates"

Yes, those third world countries are full of sweating robots, living in squalor and slavery. [At least some of those shops are producing with machines built before WWI and WWII.]


4 posted on 02/01/2013 3:10:34 PM PST by familyop (We Baby Boomers are croaking in an avalanche of rotten politics smelled around the planet.)
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