Quote:
Originally Posted by multiweb
The title of this thread sounds like "Lose weight without exercising".
Besides the deficit we have a huge domestic debt. People spend money they don't have on their credit card. This attitude is reflected to every echelon of the government. The money has been spend. Now we have a huge interest bill. So it makes sense to squeeze until we lower that debt and there's only one way to do it. Buckle up. The pain is coming.
|
Yes, like someone I knew, who complained about housing prices and that they couldn't afford to buy because they couldn't afford deposit, yet didn't think twice about blowing $500 in weekend on drinking, dining and having a good time, had to BMW/AUDI/"insert Luxury car brand", had to have the name brand goods for themselves and their 3 yo child.
We had the Party, now we have the hangover.