Analysis: Fiscal cliff could hit economy harder than many expect

[Skybird]

Originally Posted by yubba

So how do get out of debt by spending more ????

That'S the point, exactly, and it is so simple a point. Really, it'S math, elementary school.

As I said, today's economics are no science, just the attempt to make things complicated and deceive others over them.

Everybody running a household and not having a dozen of different credit cards to shuffle his debts from here to there and then in reverse and starting all over, knows that when at the end of the month you run low on money, you must save money and buy less, or cheaper, and next month start saving money earlier so that the situation becomes not as bad at the end of the month as it was in the month before.

But when you try to explain that - what is there to explain at all? - to a politician, you get overwhelmed by an ocean of "buts" and "ifs" and "in cases". In the end, politicians are part of the problem, they want to get their careers and know people do not vote if you promise them blood and tears and cuts, so politicians will to add to the increase of debts and spend money as bribery gifts for those they hope will elect them for it.

And the bribery works. Wonderfully. The bribery - and the promises, those precious promises. Oh that sweetness, that temptation!

And that is why the ordinary people and voters are as guilty as those they accuse afterwards of having led them into a mess. Not only can you vote - you are to be held responsible for your vote.