As I was reading this - 25 Questions To Ask Anyone Who Is Delusional Enough To Believe That This Economic Recovery Is Real - I found this paragraph:
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In the 20’s the government spent 12% of national income.
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Getting us out of the fiscal mess WW II left us in only saw 20% of national income being spent.
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By the 90’s it was 43% and in 2009 61% and now is it getting worse.
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Look at it this way. Only 39% of national income is left for the private sector to spend and grow and create jobs with. Only 39%!
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That is not enough and it is still shrinking with each new job created by government spending that doesn’t have at least 3 or 4 private sector jobs created to fund that government job.
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When people insist that the government must do this and this and this and this, I often wonder where they think the money will come from to fund all the "wants" and "gimmes". Are people really so....uninformed about finances and money?
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Did your child/children ever tell you to just write a check or use a credit card when you told them you didn't have the money to buy something? That's what people remind me of when they keep wanting the government to give and give and give some more.
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Do they not understand that we should not keep borrowing from other countries or printing up money? Do they not understand debt and deficits and inflation? It appears that they do not. They remind me of children asking the government to "just write a check".




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