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Biden: We Have to Spend Money to Avoid Bankruptcy
#20
Udon'tKnowMe Wrote:I am not. However, Iraq was not exactly utopian prior to our invasion. Money does need to be spent to restore our economy. However, I think most people that are laughing at VP Biden's statement are laughing because they disagree with where the money is going and how it is being spent. BOTH sides pushed these "stimulus" packages through without careful research (many voted without even reading the **** things.) Of course, this allows millions or even billions of dollars to be wasted on pork barrel projects that do little to help the country.

We must spend money to restore the economy, but it must be money that we can afford to spend AND pay back. The goverment borrowing money from China and other countries may help now, but in the big picture we are just digging ourselves deeper and deeper into debt. However, until we get some leaders who are truley willing to go against popular opinion and save money and make smart investments, instead of just giving money away to please the population, we are only patching the problem and the boom bust cycle will continue until the Big Bang hits.

I don't think we necessarily need to spend money as much as we need to create permanent jobs.
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Biden: We Have to Spend Money to Avoid Bankruptcy - by Old School - 07-21-2009, 09:29 PM

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