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Senate Democrat: "I Want to Disagree With Those Who Say We Have a Spending Problem"

eddie again Wrote: Feb 15, 2013 10:34 AM
to use the popular but flawed analogy of comparing federal budget to a family's budget, the feds are a family that is living high on the hog by using a credit card. if that family stops using the credit card, its economic activity must shrink. if the family continues to increase its credt card debt, one of two things will occur. it will either reach a point where its revenues cannot service the debt or (and the more likely occurrence) no one will loan the family any more money. the first is unlikely to ever occur because the second will prevent it from occurring. however, in both instances, the family's economic debt enhanced economic activity will cease. the family will be forced to lower its standard of living.

Hop aboard the Denialism Express, Democrats.  It's a fact-free, reckless thrill ride -- although between the president, Nancy Pelosi, Steny Hoyer and now outgoing Iowa Sen. Tom Harkin, space is getting limited.  Harkin, who will retire at the end of this term, used the (somewhat ironic) platform of a Senate Appropriations Committee meeting to inform the public that the US government is not broke and does not have a spending problem: