re: #24 cliffster

You don’t like the messenger, and perhaps you think that the analogy is over the top.

I don’t know the messenger, and the analogy is massively inaccurate, as I pointed out. It’s not that it’s ‘over the top’, it’s that it makes absolutely zero sense on any level.

But there is no escaping the fact that the economy is in trouble, and that the “Let’s spend a bunch of money and also let’s create more entitlements” solution is destructive.

Yes, there is ‘escaping’ that. Government spending during a recession is overwhelmingly agreed to be necessary. An examination of the spending patterns during the recovery from the Great Depression shows this rather clearly. It is a fringe, mainly Austrian Economics view that cutting spending in a recession is a good idea.

And the fact that it might make it look good in the short term is worse. Again, I can bust out my credit card and make it look like I am extremely successful for a few years, but it’s eventually going to screw me.

There is no analogy between your credit card/personal finances and the nations economy. It doesn’t exist, any more than your own personal health relates to the health of the nation at large.