ALL THE GOVERNMENT HAS TO OFFER IS WHAT THEY TAKE FROM YOU. ; )

Monday, June 14, 2010

Check this graph

I don't normally post things that talk about things like the diminishing marginal utility of debt, but I have been seeing this for weeks and it's really telling. What it's saying is that each new dollar the government is borrowing is not helping us. It hurts us to the tune of that dollar plus the interest and such plus it sucks another 40 cents from the economy because of "crowding out," another boring sounding thing that means that when the government borrows oceans of money there aren't lenders left for productive loans. The money is loaned and disappears down a rat hole.

The real bottom line of all this is that the criminal class in the White house and Capitol Building would have us believe they are borrowing all this money because it somehow benefits us eventually. This simple graphic says, "Nothing could be farther from the truth. In fact it hurts more than you even knew."

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