That is a true story, and the scariest part is that a LOT of people think that way.Jaguar wrote:They can do that!VMI77 wrote:Preventing this debt driven collapse would require an IMMEDIATE 40% reduction in government spending.
If this year's budget for a department is $100 million, and next year they are supposed to get $150 million, they can reduce next year's budget to $130 million and that would be a 40% reduction of department spending.
Just gotta think like a bureaucrat. /sarcasm
I deal with too many bureacrats.
If the economy comes crashing to a halt at the end of this year as predicted, I don't think we'll have to wait 10 or 15 years for this country to implode.