Groundking said:
And who pays of the debt? Oh yes the taxpayer, and doing it via debt is even worse as you drain from the savings of the economy somebody else could use to get a loan from so that they can expand their business, and it would also make the debt more expensive. |
C'mon man at least try to see all sides of an argument before you pick sides.
It's called the ripple effect. If I give you a card that is worth 1,000$, that card might make its way around to 50 people or it could even go on and on and on. If I take a 7% fee on any transaction on that card (sales tax), Then I will break even once 15 people have used the card. But the card is worth 1,000$. The 15th person isn't just going to hold on to it, they're going to spend it.
