Judy thinks this little scam can go on indefinitely....
--- In FairfieldLife@yahoogroups.com, "seekliberation" wrote:
>
> We're painted into a corner here. We can keep the benefits going and go
> further in debt, eventually resulting in some sort of a collapse. Or, we can
> cut benefits by balancing the budget, but then people suffer and what you are
> describing will happen. Either way, people will suffer and eventually learn
> what a 3rd world nation's economy is like to live in.
>
> It's no different than a family earning $50k a year who decides to go $1
> million in debt. Eventually bankruptcy is inevitable.
>
> The goons who run the federal reserve, I don't trust them. They don't seem
> to do a good job of informing us how far we can go in debt without crashing
> the system. Conspiracy theories point to the Federal Reserve as wanting us
> to borrow more in order to become permanently in debt to them.
>
> seekliberation
>
> --- In FairfieldLife@yahoogroups.com, "authfriend" wrote:
> >
> > --- In FairfieldLife@yahoogroups.com, "seekliberation" wrote:
> >
> > > The idea of a budget that involves taking any benefits away is
> > > unacceptable by most people.
> >
> > You mean, benefits like Social Security, Medicare/Medicaid,
> > welfare, and unemployment insurance?
> >
> > If you reduce or eliminate benefits, the folks who would
> > be receiving them will have less money to spend on goods
> > and services, which will further reduce demand and further
> > cripple the economy (and increase the number of people who
> > need benefits just to keep a roof over their head and put
> > food on the table).
> >
>
