If you’re worried about leaving our kids and grand kids a great big fat bill they’re going to have to pay for because of our multi-trillion dollar federal budget deficit, then stop worrying. Those numbers don’t mean squat and they won’t be a problem for our future generations. During my 53 years on the planet we’ve had deficits and we’ve had surpluses and it hasn’t meant a damn bit of difference to the kids or their parents.
It’s only made a difference to professional politicians who regularly wave the bloody shirt of deficits to try and scare the public and get them to spend less money on the poor, the sick, the disenfranchised and especially the environment while we simultaneously splurge like drunks in Vegas on phony wars, shameless subsidies for the dirty fossil fuel industries and tax breaks for rich people and big business.
But what do you expect from people in the political field whose business model is to constantly have their begging hand out while they ceaselessly hit you up for “campaign donations” so they can get elected and re-elected and then have their staff people do all the work while they themselves keep on fundraising. If you want to take financial advice from people of that ilk then you deserve to get conned and jacked.
But if you’d like a simple explanation of why you should just laugh at the fear of deficits then read on after the break for today’s enlightenment, courtesy of a commenter on Gawker.com
Continue reading ➞ Why You Shouldn’t Give A Shit About the Federal Budget Deficit