clownboy
DP Veteran
- Joined
- May 22, 2012
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Expenditures < Revenue
The level of the debt is of no consequence.
Wow, this is the sort of thinking that got us in this mess. You do realise (maybe you don't) that debt payments (with interest) eventually will take up such a significant part of those expenditures that revenue will never be more than expenditures. I know, folks of this economic belief think all we need to do is to print more money. But when you need a wheelbarrow full just to buy a cup of coffee you'll understand the idiocy of that route.