FW: Why not explain it like this every time the numbers are discuss...


Subject: FW: Why not explain it like this every time the numbers are discuss...




Subject: Why not explain it like this every time the numbers are discuss...




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4 comments:

gruaud said...

See, the economy has NOTHING to do with a household budget. A nation is not a house with a garden and a kitty-cat and a kiddie-pool in the back yard. That is 8 year old thinking.

And this is why the rest of us think you are stupid. Because, quite frankly, and rather sadly, you are.



Anonymous said...

Missing from this analogy: THE FUCKING MORTGAGE!

You know, that 30 year mountain of debt that comes with achieving our current version of the American dream. You take out a loan which is 2, 3, 5, 10, even 20 times your annual household income, on which you will actually pay a huge percentage of extra interest to the bank if you go by the standard payback table. On top of that there's all the aggravation and extra expense and risk of home ownership. Yet people still do it, every day, and we actively encourage them to, because (assuming it all works out, fingers crossed!) its a way to honestly earn a life which they otherwise could not afford to pay cash for.

Also missing: the second adult in the household who decides to get a job in order to supplement the primary breadwinner's income. You know, increase the household revenue to help pay for things. Something the GOP has ruled out completely.

ferschitz said...

More rightwing think tank LIES. Gee, lessee, just go out to the Googler & type in: Why the federal budget is nothing like a household budget." I realize that's a LOT of werdz for conservatives to think up and type, plus having to find teh Googler on their Intertoobz is sorely challenging as well.

One comes up a long list of articles - take your pick - explaining in clear language why the Fed budget bears NO resemblance to a household budget. Here's one just at random:

http://rooseveltinstitute.org/new-roosevelt/federal-budget-not-household-budget-here-s-why

Whenever a demagogue wants to whip up hysteria about federal budget deficits, he or she invariably begins with an analogy to a household’s budget: “No household can continually spend more than its income, and neither can the federal government”. On the surface that, might appear sensible; dig deeper and it makes no sense at all. A sovereign government bears no obvious resemblance to a household.. Let us enumerate some relevant differences.

Of course, most wingnuts prefer to remain in their cozy fictional fantasy land where El Lushbo & Billo bellow fact-free bullshit at them, like how the Fed budget is exactly like their household budget. Nonsense! Drivel. Pap. Lies. STUPID.

Hooray4US said...

Why not explain it like this every time the numbers are discuss...

Besides the obvious spelling/grammar error, why not explain it like this??

Because it's not factual or based in reality. That's why.

Why can't conservative think tanks provide a true explanation about the federal budget and deficit? Are they AFRAID that it might point out that the hysteria ginned up around it is fake? And that the alleged "problems" are mostly phoney but ginned up so that citizens will agree to the Austerity measures, such as cutting Medicare and Soc Sec... because all Seniors are "selfish"??

Wake up, conservatives! You are being conned...

 
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