Quote:
Originally Posted by BlackCrayon
Well its like the average household. Cost of everything increases but working wages do not, if anything they are decreasing. People are buying groceries on credit because the increased cost of living in no way keeps up with what they are making. I am no political pro, just an average guy and thats how i see it.
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Well... that was entertaining. Not sure what planet you live on where people are taking out bank loans to buy groceries because they can't afford groceries. It would seem obvious to anyone who could add and subtract that if you have to use credit to buy something every few days because you can't afford that thing... then you also can't afford to pay the loans back either.
Not sure why you think any of that has anything to do with government continually spending in a manner that dramatically outpaces revenue and revenue growth.