DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Why a reduction in gov't spending won't do any good

**phernikas** · 05-04-2012, 03:34 PM

If .gov wanted to payoff their debt, borrow less, and balance the budget, they would. How much money was created to save the "Too big to fail" crowd? Trillions?

They could have paid off EVERY mortgage in America for less. That would have freed up (IMO minimum) close to $1000 per month per household IMMEDIATELY. That would have been a hell of a shot in the economies arm! Agree?

Their goal doesn't seem to be fixing anything that will help you though.

05-04-2012, 03:34 PM	#3
phernikas Join Date Oct 2005 Posts 440 Senior Member	If .gov wanted to payoff their debt, borrow less, and balance the budget, they would. How much money was created to save the "Too big to fail" crowd? Trillions? They could have paid off EVERY mortgage in America for less. That would have freed up (IMO minimum) close to $1000 per month per household IMMEDIATELY. That would have been a hell of a shot in the economies arm! Agree? Their goal doesn't seem to be fixing anything that will help you though.
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