The only way to cut government debt is to increase government spending

User offline. Last seen 12 years 31 weeks ago.
ziggy_encaoua
Number 531
Conspirator for: 15 years 45 weeks
Posted on: July 15, 2009 - 2:11pm

The only way to cut government debt is to increase government spending

 I'd love Gardner to rip into this piece of idiotic bullshit

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User offline. Last seen 13 years 44 weeks ago.
HOO-HAA
Number 553
Conspirator for: 15 years 35 weeks
Posted on: July 15, 2009 - 3:08pm #1

I tried to tell that to my bank:

'The only way that I can pay off my credit card is if you give me a huge overdraft.'

So I did, and ended up with a maxed-out credit card AND a maxed-out overdraft! lol

Seriously, though, my way out of debt involved spending less and saving more. Surely it's the same principle for governments?

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User offline. Last seen 11 years 14 weeks ago.
Number 5150
Number 100
Conspirator for: 17 years 25 weeks
Posted on: July 15, 2009 - 4:57pm #2

Richard Murphy.  This guy is a piece of work (or a piece of something, at any rate).  It's interesting that you posted this link.  Another friend of mine here in Texas has been debating this same guy over his recent post about libertarians.  Sort of puts the "Are Small Government Libertarians Statists?" discussion in perspective, doesn't it?  

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- Stephen M. Smith

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