Kasz216 on 22 March 2013
Also, the difference between Government and a Household is that government is soverign and therefore has more control over it's debts.
Which means that it's able to fuck over average people to pay off it's debts and people who own it's debt. Which often are average people.... (Union Pension funds, and well as mentioned everyone in social security.)
Unsecured spending now leads to the poor and middle class getting screwed down the line. All one needs to do is look at the history of things like social security... our benefits are worse now then they were before social security got "fixed" last time, and they'll be worse again.
You can't run a deficit forever and eventually it's the poor who are going to lose out in a BIG way.
