Adding $4 trillion to debt is unpatriotic
#7
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how to balance buget within 10 years:
simple. even Congress can understand. which says a lot considering only 22% of the current Congress has a background in Econ or Business.
simple. even Congress can understand. which says a lot considering only 22% of the current Congress has a background in Econ or Business.
#8
Oh yeah, he assumed presidency and all of a sudden all these debts came up!
In a period of 3 years a one man's job has the United States in such a financial crisis.
Be it Obama, Reagan, Bush, etc, nobody has given a shyt about whats goin on, but dont mess with their paychecks.
The moment I almost had a brain tumor was ehen Al Gore won the Nobel Peace Prize in 2007, that was pathetic.
In a period of 3 years a one man's job has the United States in such a financial crisis.
Be it Obama, Reagan, Bush, etc, nobody has given a shyt about whats goin on, but dont mess with their paychecks.
The moment I almost had a brain tumor was ehen Al Gore won the Nobel Peace Prize in 2007, that was pathetic.
Last edited by mazpr; 08-25-2011 at 11:51 AM.
#11
Hey Brain,
I just bought this book and it has lots of interesting ideas. I think you'll like it:
http://mises.org/hoppeintro.asp
Check out the concept of "time preference". High time preference = "I want this now instead of saving and investing and having more in the future, low time preference = delayed gratification. He says democracy and central banking institutionalize high time preference, and it "de-civilizes". This results in an increase in debt and a decrease in investment for the future.
I just bought this book and it has lots of interesting ideas. I think you'll like it:
http://mises.org/hoppeintro.asp
Check out the concept of "time preference". High time preference = "I want this now instead of saving and investing and having more in the future, low time preference = delayed gratification. He says democracy and central banking institutionalize high time preference, and it "de-civilizes". This results in an increase in debt and a decrease in investment for the future.
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