ShyBiGuy954
Literotica Guru
- Joined
- Apr 10, 2013
- Posts
- 2,529
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Stupid people are convinced by stupid meme.
Thats not actually how government budgets work.
But righties always use it to oversimplify government budgets.
The debt ceiling is not a real thing...it's literally an imaginary ceiling that legislators made to get votes.
All that not raising it does, is tell the people that we owe money to, that we won't pay them.
Government isn't some magical institution that is exempt from the rules of finance that apply to the rest of us are. The simplification allows the average Joe to see it better. Stop trying to obfuscate things to rationalize your position. America has been one of the most financially successful countries in the world because of our ability to understand debt and how to leverage it properly. At some point leveraging because dangerous and reckless. Eventually you have to pay the piper. It's happened to other countries and if we're not careful, it will happen here. If that day happens, we're in the next great depression.
Government isn't some magical institution that is exempt from the rules of finance that apply to the rest of us are. The simplification allows the average Joe to see it better. Stop trying to obfuscate things to rationalize your position. America has been one of the most financially successful countries in the world because of our ability to understand debt and how to leverage it properly. At some point leveraging because dangerous and reckless. Eventually you have to pay the piper. It's happened to other countries and if we're not careful, it will happen here. If that day happens, we're in the next great depression.