How does investing our way out of debt compare to a business doing the same?
by LSE Library
Question by Common Sense: How does investing our way out of debt compare to a business doing the same?
Investing your way to growth in business means taking market share or automating to reduce your employee count.
Government already has 100% market share. They cant create jobs that do not increase our debt and they have no market share to chase except exports that will change GDP. Higher taxes just means less for consumers to spend. In other words they are indirectly forcing us to spend our own money.
Answer by Time to Shrug, Atlas
Your name is fitting.
Too bad there is not more of it in the media or Washington.
What do you think? Answer below!